Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. It serves as a building block in the preparation of complex molecules due to its pyridine core and aryl substituents, which enhance reactivity and binding properties. Commonly employed in cross-coupling reactions, it helps construct biaryl structures found in bioactive compounds. Also utilized in the research of ligands for catalytic processes, contributing to advancements in asymmetric synthesis and material science.