This compound is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals due to its structural properties. It serves as a key intermediate in the production of active ingredients for medications, particularly those targeting neurological and cardiovascular conditions. Additionally, it is employed in the development of herbicides and pesticides, where its pyridine moiety enhances the efficacy of the final product. The compound’s stability and reactivity make it a valuable building block in organic synthesis, enabling the creation of complex molecules for industrial and research applications.