Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system (CNS) drugs and kinase inhibitors. Its structure allows for selective functionalization, making it valuable in creating compounds with high binding affinity to biological targets. Commonly employed in the preparation of antiviral and anticancer agents due to its ability to enhance metabolic stability and improve bioavailability. Also utilized in agrochemicals for the design of novel pesticides with improved efficacy and environmental profiles.