Used primarily as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nootropic and neuroprotective agents such as pyridine-based antioxidants and anti-ischemic compounds. The compound features a 3-hydroxy group that contributes to its antioxidant properties, making it suitable for applications in neurological therapeutics targeting conditions like Alzheimer's and Parkinson's. It is also employed in research settings for designing new bioactive molecules addressing metabolic, ischemic, and oxidative stress-related disorders in cardiovascular and neural systems.