Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It is also employed in the creation of agrochemicals, contributing to the formulation of herbicides and fungicides due to its ability to enhance bioactivity. Its structure supports the design of compounds with improved metabolic stability and target selectivity, making it valuable in medicinal chemistry research. Additionally, it serves as a building block in the preparation of functional materials and ligands for catalysis.