Used primarily in the synthesis of various pharmaceutical compounds, it serves as a key intermediate in the production of drugs targeting neurological disorders. Its role is crucial in the development of nicotinic acetylcholine receptor agonists, which are essential for treating conditions like Alzheimer's disease and schizophrenia. Additionally, it is utilized in agricultural chemistry for creating pesticides that are effective against a wide range of pests, contributing to improved crop protection and yield. In research settings, it aids in the study of biochemical pathways and receptor interactions, providing insights that drive the development of new therapeutic agents.