Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of nicotinic acetylcholine receptor modulators. It plays an important role in the preparation of active ingredients for drugs targeting neurological disorders such as Alzheimer's and Parkinson's disease. Its structure allows for selective derivatization, making it valuable in medicinal chemistry for optimizing drug potency and metabolic stability. Also employed in agrochemical research for designing novel pesticides with improved target specificity.