Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinic acetylcholine receptor modulators. It plays a role in developing treatments for neurological disorders such as Alzheimer's and Parkinson's disease. Also utilized in agrochemicals for the creation of selective insecticides, particularly neonicotinoids, due to its ability to interact with biological targets in pests such as nicotinic acetylcholine receptors in insects. Its structure allows for easy modification, making it valuable in medicinal chemistry for building more complex bioactive molecules.