Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antitubercular and antiviral agents. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building complex heterocyclic systems. It is also employed in the preparation of nicotinate-based derivatives that show biological activity, including kinase inhibitors and anti-inflammatory compounds. Additionally, it serves as a building block in agrochemicals for the creation of novel pesticides and plant growth regulators.