Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly in the development of kinase inhibitors and anti-inflammatory agents. Shows potential in medicinal chemistry for designing drugs targeting neurological disorders due to its affinity for central nervous system receptors. Also employed in the study of fluorescent probes for protein detection, leveraging its luminescent properties in biochemical assays. Investigated for agrochemical applications, including fungicidal and insecticidal formulations, owing to its stability and interaction with biological targets in pests.