Primarily utilized in organic synthesis, this compound serves as a key intermediate in the development of pharmaceuticals, particularly in the creation of complex molecules with potential therapeutic applications. Its structure is often leveraged in the synthesis of bipyridine derivatives, which are crucial in medicinal chemistry for designing drugs targeting various diseases. Additionally, it is employed in research settings to study chemical reactions and mechanisms involving heterocyclic compounds. Its role in the preparation of ligands for coordination chemistry also highlights its importance in the development of catalysts and materials science.