Used primarily in organic synthesis as an intermediate for the preparation of more complex molecules. It is particularly valuable in pharmaceutical research for developing compounds with potential therapeutic properties. The iodine atom in the structure allows for further functionalization through cross-coupling reactions, making it a versatile building block in drug discovery. Additionally, the methoxy and carbamate groups contribute to its stability and reactivity, enabling its use in the synthesis of heterocyclic compounds. Its applications extend to the development of agrochemicals and other fine chemicals where modified pyridine derivatives are required.