Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. It is particularly valuable in the development of pyridine derivatives, which are essential in creating active ingredients for drugs targeting neurological and cardiovascular diseases. Additionally, it plays a role in the synthesis of complex molecules for research purposes, aiding in the study of biochemical pathways and drug discovery. Its reactivity makes it suitable for cross-coupling reactions, enabling the construction of diverse chemical structures.