Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acid derivatives with potential antihypertensive and antiarrhythmic activities. It serves as a building block in the preparation of substituted pyridines for drug discovery research. Also employed in agrochemical formulations for the creation of plant growth regulators and certain pesticides. Its amino and ester functionalities allow for easy modification, making it valuable in combinatorial chemistry and the design of biologically active molecules.