Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and central nervous system agents. It serves as a building block in the preparation of active pharmaceutical ingredients (APIs) for neurological disorders, including cognitive and neurodegenerative conditions. Its structure allows for selective derivatization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in agrochemical research for designing novel pesticides with improved target specificity.