Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of drugs targeting neurological disorders, such as Alzheimer's disease and Parkinson's disease, due to its structural compatibility with neurotransmitter analogs. Additionally, it finds application in the production of chiral compounds, leveraging its stereochemistry to create enantiomerically pure substances critical for therapeutic efficacy. Its pyridine moiety also makes it a useful building block in designing molecules with potential anti-inflammatory and anticancer properties.