Widely used in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active compounds. It plays a crucial role in the preparation of pyridine derivatives, which are often explored for their potential therapeutic applications, including antiviral, anticancer, and anti-inflammatory agents. Its functional groups, such as the formyl and carbamate moieties, make it a versatile building block for constructing complex molecules in medicinal chemistry. Additionally, it is utilized in organic synthesis to create novel compounds for drug discovery and optimization processes.