Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure enables effective binding to enzyme active sites, making it valuable in designing drugs that target specific signaling pathways in tumor cells. Also employed in agrochemical research for creating novel pesticides with improved selectivity and lower environmental impact. Additionally, it serves as a building block in the preparation of functional materials, such as organic semiconductors and luminescent complexes, due to its electron-deficient aromatic system and ability to form stable coordination compounds with metals.