Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports modification for enhanced binding affinity to specific enzyme targets. Commonly employed in research settings to design compounds with improved metabolic stability and selectivity. Also utilized in agrochemical research for developing bioactive molecules with pesticidal or herbicidal activity. The ester group allows for easy functionalization, making it valuable in combinatorial chemistry and drug discovery pipelines.