Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to enzyme active sites, making it valuable in drug design for targeted therapies. Also employed in agrochemical research for creating novel pesticides with improved selectivity and lower environmental impact. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies due to its ability to enhance metabolic stability and bioavailability in lead compounds.