This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological and cardiovascular conditions. It serves as a key intermediate in the production of pyridine derivatives, which are essential in creating medications with anti-inflammatory, analgesic, and antihypertensive properties. Additionally, it is employed in organic chemistry research for constructing complex molecular structures due to its reactive amino and hydroxyl groups. Its role in agrochemical formulations is also notable, contributing to the development of pesticides and herbicides that enhance crop protection.