Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and antiviral agents. Its structure allows for selective functionalization, making it valuable in creating active pharmaceutical ingredients (APIs) for targeted therapies. Commonly employed in cross-coupling reactions such as Suzuki-Miyaura and Buchwald-Hartwig aminations to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its favorable reactivity and stability in multi-step syntheses.