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 medicinal chemistry due to its pyridine core, enabling the creation of bioactive molecules. Also employed in agrochemicals for the design of novel pesticides and herbicides. Its ester functionality allows for easy modification in multi-step organic syntheses, making it valuable in research and development laboratories for generating compound libraries.