Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of nicotinic acid derivatives. Its bromomethyl group allows for easy functionalization, making it valuable in forming carbon-carbon and carbon-heteroatom bonds. Commonly employed in the preparation of kinase inhibitors and other bioactive molecules. Also utilized in the production of ligands for catalysis and in the construction of nitrogen-containing heterocycles for medicinal chemistry research.