Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinic acetylcholine receptor modulators. It serves in the development of drugs for neurological disorders such as Alzheimer's and Parkinson's disease. Also employed in agrochemicals for the formulation of herbicides and plant growth regulators due to its ability to influence plant metabolism. Additionally, it acts as a ligand precursor in transition metal complexes for catalytic applications in organic synthesis. Its structure allows for effective binding in biological systems, making it valuable in medicinal chemistry and crop protection research.