This chemical is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the creation of more complex molecules. Its ethynyl group makes it particularly valuable in click chemistry reactions, enabling the formation of triazole derivatives through copper-catalyzed azide-alkyne cycloaddition (CuAAC). This property is exploited in the development of pharmaceuticals, where it can be used to synthesize drug candidates with potential therapeutic applications. Additionally, its pyridine moiety allows it to act as a ligand in coordination chemistry, facilitating the formation of metal complexes that are useful in catalysis and material science. The hydroxyl group further enhances its reactivity, making it a suitable intermediate for the preparation of esters, ethers, and other functionalized compounds. Overall, this chemical plays a significant role in advancing research and development across various scientific disciplines.