Used in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for drugs targeting central nervous system disorders and anti-inflammatory agents. Its structure serves as a key building block in forming complex heterocyclic compounds with biological activity. Also employed in agrochemicals for the production of herbicides, fungicides, and insecticides due to its ability to enhance chemical stability and bioavailability of the final products. Commonly utilized in research laboratories for structure-activity relationship (SAR) studies in drug discovery.