Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. Commonly employed in the preparation of pyridine-based bioactive compounds due to its reactive bromomethyl group, which allows for easy alkylation or coupling reactions. Also utilized in agrochemical research for designing novel pesticides with targeted activity. Its ester functionality enables further derivatization, making it valuable in combinatorial chemistry and drug discovery.