Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of heterocyclic compounds. Its reactivity allows for the formation of carbon-carbon and carbon-nitrogen bonds, making it valuable in constructing complex molecules. Commonly employed in the preparation of pyridine-based derivatives, which are found in kinase inhibitors and other biologically active compounds. Also utilized in research settings for the development of novel organic transformations and catalytic reactions.