Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of certain antipsychotic and antidepressant drugs. It serves as a building block in organic reactions where the methoxy and methyl groups aid in directing substitution patterns during drug development. Also employed in the preparation of agrochemicals and specialty heterocyclic compounds due to its stable pyridine ring and reactive sites. Its derivatives are explored in research for potential bioactive molecules and catalysts in asymmetric synthesis.