Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports functionalization at multiple sites, making it valuable in medicinal chemistry for creating analogs with enhanced biological activity. Commonly employed in research settings to design and optimize drug candidates targeting neurological disorders and inflammatory diseases due to its ability to cross the blood-brain barrier and modulate specific enzyme pathways. Also utilized in agrochemical research for developing new pesticides with improved selectivity and lower environmental impact.