Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators and other neuroactive compounds. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating analogs with improved metabolic stability and binding affinity. Also employed in agrochemical research for designing novel pesticides and herbicides due to its bioactive heterocyclic core. Commonly utilized in cross-coupling reactions and metal-catalyzed transformations to build complex molecules in drug discovery programs.