Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It serves as a building block in the preparation of compounds with potential neurological activity, including treatments for cognitive disorders and neuropathic pain. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating targeted drug candidates. Also employed in the production of agrochemicals due to its ability to form stable heterocyclic systems in pesticide formulations.