This compound is primarily utilized in organic synthesis as a key intermediate for the production of various pharmaceuticals and agrochemicals. Its structure, featuring a pyridine ring and a keto-ester group, makes it a versatile building block for constructing complex molecules. It is often employed in the synthesis of compounds with potential biological activity, such as inhibitors for specific enzymes or receptors. Additionally, it can be used in the development of heterocyclic compounds, which are important in medicinal chemistry for designing drugs targeting diseases like cancer, inflammation, or infections. Its reactivity allows for further functionalization, enabling chemists to tailor its properties for specific applications.