Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and central nervous system agents. It serves as a building block in agrochemicals for creating herbicides and insecticides due to its reactive chloro and ester functionalities. The compound is also employed in research for constructing complex heterocyclic systems, enabling the exploration of new bioactive molecules. Its methoxy and chloro substituents allow for selective functionalization, making it valuable in medicinal chemistry for structure-activity relationship studies.