Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for constructing heterocyclic systems found in drug candidates. Commonly employed in the preparation of compounds targeting inflammatory diseases, cancer, and central nervous system disorders. Also utilized in agrochemical research for designing novel pesticides due to its reactivity and stability in various coupling reactions.