Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and antiviral agents. Its structure enables effective binding in biological systems, making it valuable in medicinal chemistry for designing drugs targeting specific enzymes and receptors. Commonly utilized in the preparation of heterocyclic compounds with potential therapeutic activity, including treatments for inflammatory diseases and certain cancers. Also employed in agrochemical research for developing novel pesticides due to its reactivity and ability to form diverse derivatives.