Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting central nervous system disorders. Its structure allows for functionalization that enhances binding affinity to certain receptors. Also employed in agrochemical research for designing novel pesticides due to its stability and reactivity. Serves as a building block in organic synthesis, especially in cross-coupling reactions for creating complex heterocyclic systems. Shows potential in materials science for modifying organic semiconductors owing to its electron-withdrawing properties.