Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and other bioactive compounds. Its aldehyde and ester functional groups allow for versatile chemical transformations, making it valuable in medicinal chemistry for constructing heterocyclic systems. Commonly employed in condensation and coupling reactions to build complex molecules with potential neurological or anti-inflammatory activity. Also utilized in agrochemical research for designing new active ingredients in crop protection agents.