Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and central nervous system agents. Its structure supports the construction of heterocyclic compounds found in bioactive molecules. Also applied in agrochemicals for the design of novel pesticides, such as neonicotinoid insecticides, due to its reactivity and ability to form complex ring systems. Commonly utilized in research settings for medicinal chemistry and drug discovery programs.