Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to enhance binding affinity with biological targets. Commonly employed in the design of anti-inflammatory and antiviral agents. Also utilized in agrochemical research for developing new crop protection agents. Its structure supports rapid derivatization, making it valuable in high-throughput screening and drug discovery programs.