Used as a key intermediate in the synthesis of selective kinase inhibitors, particularly in the development of anticancer agents. Its structure enables strong binding to specific enzyme targets involved in cell signaling pathways, making it valuable in pharmaceutical research for treating tumors. Also employed in agrochemicals for designing novel pesticides due to its ability to modulate biological activity in pest organisms. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies to optimize drug potency and selectivity.