Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor agonists and antagonists. Commonly employed in the production of drugs targeting neurological disorders such as Alzheimer's and Parkinson's disease. Also utilized in agrochemicals for the formulation of pesticides due to its ability to modulate insect nervous systems. Serves as a building block in organic synthesis for creating complex heterocyclic compounds. Its ester functionality allows for easy modification in multi-step reactions, making it valuable in medicinal chemistry research.