Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system (CNS) disorders and anti-inflammatory agents. Its structure allows for selective binding in biological systems, making it valuable in medicinal chemistry for optimizing drug potency and metabolic stability. Also employed in agrochemical research for designing herbicides and fungicides due to its ability to enhance bioavailability and target specificity. Commonly utilized in late-stage functionalization during drug discovery to improve pharmacokinetic properties.