Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block in the production of compounds that modulate GABA receptors in the central nervous system. Commonly found in the preparation of benzodiazepine-like drugs where it contributes to enhancing binding affinity and selectivity. Also employed in agrochemicals for the development of novel pesticides due to its stable heterocyclic structure. Its reactivity allows for easy functionalization, making it valuable in medicinal chemistry for drug discovery and optimization.