Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and treatments for neurological disorders. Its structure allows for selective functionalization, making it valuable in creating bioactive molecules. Commonly employed in cross-coupling reactions, such as Suzuki or Heck reactions, to build complex heterocyclic systems found in active pharmaceutical ingredients. Also utilized in agrochemical research for designing novel pesticides with improved target specificity.