Used as a key intermediate in the synthesis of various pharmaceutical compounds, particularly in the development of antibiotics and antifungal agents. It plays a crucial role in the production of pyridine-based derivatives, which are essential in medicinal chemistry for creating drugs with enhanced biological activity. Additionally, it is employed in the manufacture of agrochemicals, including herbicides and pesticides, due to its ability to act as a building block for complex molecules. Its reactivity and structural properties make it valuable in organic synthesis for constructing heterocyclic compounds with potential applications in drug discovery and material science.