Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and other bioactive compounds. Its aldehyde and ester functional groups allow for versatile chemical transformations, making it valuable in medicinal chemistry for constructing heterocyclic systems. Commonly employed in condensation reactions and multistep syntheses to build complex molecules with potential neurological and anti-inflammatory activity. Also utilized in the preparation of agrochemicals and functional materials due to its reactivity and structural features.