This compound is primarily utilized in the field of organic synthesis as an intermediate for the production of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target neurological disorders or act as anti-inflammatory agents. Additionally, it serves as a key building block in the creation of ligands for metal-catalyzed reactions, which are crucial in the development of new materials and catalysts. Its pyridine moiety makes it a valuable component in the design of compounds with potential biological activity, particularly in drug discovery and medicinal chemistry research.