Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It plays a role in the production of compounds targeting neurological disorders such as Alzheimer's and Parkinson's diseases. Also utilized in agrochemicals for the formulation of certain pesticides due to its ability to influence insect nervous systems. Its structure allows for effective binding to biological targets, making it valuable in medicinal chemistry research and drug design.