Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of herbicides and plant growth regulators. It serves as a building block in agrochemical research due to its structural similarity to pyridine-based bioactive compounds. Also employed in coordination chemistry as a ligand for metal ions, enabling the formation of metal-organic frameworks with potential catalytic properties. Its functional groups allow for selective derivatization, making it valuable in organic synthesis and drug discovery processes.