Used in organic synthesis, this compound serves as a key intermediate in the development of pharmaceutical agents. It is particularly valuable in the creation of bioactive molecules, including potential drugs targeting neurological disorders. Its pyridine and ethynyl groups make it a versatile building block for constructing complex heterocyclic compounds. Additionally, it is employed in research for developing novel inhibitors and modulators of biological pathways. Its hydrochloride form enhances solubility, making it suitable for various experimental and industrial applications.