Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It serves in the production of drugs targeting neurological disorders such as Alzheimer's and Parkinson's diseases. Also employed in the preparation of agrochemicals, contributing to the activity of certain pesticides and plant growth regulators. Its structure allows for effective binding in bioactive molecules, making it valuable in medicinal chemistry for lead optimization and drug design.