Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the creation of drugs targeting neurological and cardiovascular disorders. Additionally, it is employed in the preparation of pyridine derivatives, which are crucial in the development of novel therapeutic agents. Its role in organic synthesis also extends to the production of agrochemicals, where it aids in formulating compounds with enhanced efficacy and specificity.