Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and anxiolytic agents. Its structure allows for selective functionalization, making it valuable in creating biologically active molecules. Commonly employed in cross-coupling reactions such as Suzuki and Buchwald-Hartwig aminations to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing novel active ingredients with improved efficacy and selectivity.