Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinic receptor agonists and antagonists. Commonly applied in the development of drugs targeting neurological disorders such as Alzheimer's, Parkinson's, and schizophrenia. Also utilized in agrochemicals for the creation of selective pesticides due to its ability to interact with insect nervous systems. Its structure supports derivatization for use in medicinal chemistry research, especially in optimizing bioavailability and receptor selectivity.