This chemical is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of compounds with potential biological activity. Its structure is often employed in the synthesis of pyridine derivatives, which are crucial in creating molecules with therapeutic properties. Additionally, it can be used in the preparation of ligands for catalysis, aiding in the development of efficient chemical reactions. Its role in medicinal chemistry is significant, as it contributes to the design of drugs targeting various diseases.