Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinamide derivatives and other biologically active compounds. It plays a role in the development of drugs targeting metabolic and neurological disorders due to its structural similarity to vitamin B3 (niacin). Also utilized in research for the preparation of heterocyclic compounds with potential therapeutic applications. Its reactivity makes it valuable in forming complex molecules through condensation and cyclization reactions in medicinal chemistry.