Primarily utilized in organic synthesis, this compound serves as a key intermediate in the development of pharmaceuticals and agrochemicals. Its structure, featuring both a carbamate group and an iodine atom, makes it a versatile building block for constructing more complex molecules. It is often employed in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to introduce the pyridine moiety into target compounds. Additionally, the methoxy group enhances its reactivity in various chemical transformations, enabling the synthesis of biologically active molecules. Its applications are particularly significant in the preparation of drug candidates targeting neurological disorders and cancer therapies.