Used primarily in pharmaceutical research, it serves as a key intermediate in the synthesis of various biologically active compounds. Its structure is valuable in developing potential therapeutic agents, particularly in the design of kinase inhibitors, which are crucial for treating cancers and inflammatory diseases. Additionally, it is explored in the creation of small molecule drugs targeting specific enzymes or receptors, contributing to advancements in medicinal chemistry. Its application also extends to agrochemical research, where it aids in the development of novel pesticides or herbicides.