Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinic acid derivatives and other biologically active compounds. It serves in the development of drugs targeting cardiovascular and metabolic disorders due to its structural compatibility with pyridine-based pharmacophores. Also employed in organic synthesis for constructing heterocyclic systems, facilitating the creation of complex molecules in medicinal chemistry research. Its ester groups allow for easy functionalization, making it valuable in building blocks for drug discovery and development.