This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its structure makes it a valuable building block for the development of molecules with potential biological activity, particularly in the design of drugs targeting specific enzymes or receptors. Researchers often employ it in the creation of novel compounds for screening against diseases such as cancer, inflammation, and neurological disorders. Additionally, its derivatives are explored for their potential as kinase inhibitors, which play a critical role in cellular signaling pathways. The compound’s versatility also extends to agrochemical research, where it may be used in the development of new pesticides or herbicides. Its application is driven by the need for innovative and effective therapeutic and agricultural solutions.