Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals. It serves as a building block for nicotinamide-related compounds, which are important in NAD (nicotinamide adenine dinucleotide) analog synthesis. Applied in research focused on enzyme inhibitors and metabolic pathway studies. Also explored in the design of metal chelators due to its ability to coordinate with metal ions. Its structural properties make it useful in the preparation of heterocyclic compounds with potential biological activity.