Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators. It serves as a building block in the preparation of compounds with potential neurological activity, including treatments for cognitive and neurodegenerative disorders. Also employed in agrochemicals for the creation of novel pesticides due to its ability to enhance binding selectivity in biologically active molecules. Its conjugated structure makes it valuable in medicinal chemistry for optimizing drug potency and metabolic stability.