Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly in the development of kinase inhibitors and antiviral agents. Its structure supports binding to enzyme active sites, making it valuable in designing drugs that target cellular signaling pathways. Also investigated for use in dermatological treatments due to its potential anti-inflammatory properties. Employed in agrochemicals as a building block for novel pesticides with improved selectivity and lower toxicity. Serves as a ligand or modifier in catalytic systems for organic transformations. Its solubility and stability profile allow for use in both aqueous and organic reaction media, enhancing its utility in industrial and laboratory settings.