Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Serves as a building block in the development of bioactive molecules, including potential antimicrobial, antiviral and anticancer agents. Its heterocyclic structure allows for modifications to enhance efficacy, reduce toxicity, and improve photophysical properties for fluorescent probes. Suitable for developing targeted new drugs at the molecular level. Also utilized in coordination chemistry as a ligand for metal complexes in catalysis studies. Additionally, employed as a reagent in organic reactions to create complex derivatives in the laboratory.