Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and anti-inflammatory agents. It serves as a building block for heterocyclic compounds due to its pyridine core, enabling the creation of bioactive molecules. Also employed in agrochemical research for designing novel pesticides and plant growth regulators. Its ester functionality allows for easy modification in multi-step organic syntheses, making it valuable in medicinal chemistry and drug discovery.