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 bioactive molecules targeting central nervous system disorders due to its ability to cross the blood-brain barrier. Its structure supports binding to various enzyme active sites, making it valuable in medicinal chemistry for designing new drug candidates. Additionally, it serves as a building block in agrochemicals for developing novel pesticides with improved efficacy and selectivity.