Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinamide-based drugs. It serves as a building block for active pharmaceutical ingredients (APIs) due to the presence of reactive functional groups—the ester and acetyl moiety—which allow for further chemical modifications. Commonly employed in the preparation of kinase inhibitors and other bioactive molecules targeting metabolic and inflammatory pathways. Also utilized in research settings for medicinal chemistry campaigns aiming at NAD+ analogs and related cofactor studies. Its solubility and stability profile make it suitable for solution-phase synthesis and high-throughput screening applications.