Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure supports the formation of nitrogen-containing heterocyclic compounds, which are common in bioactive molecules. It also serves as a building block in the preparation of functionalized pyridine derivatives, useful in medicinal chemistry for drug discovery. Additionally, it can act as a ligand or reagent in catalytic reactions, aiding in the formation of carbon–carbon or carbon–heteroatom bonds.