Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure enables selective binding to specific enzyme active sites, making it valuable in drug discovery programs focused on oncology. It is also employed in the preparation of agrochemicals, where it contributes to the activity of certain herbicides and plant growth regulators. Due to its reactive sites, it serves as a building block in organic synthesis, facilitating the construction of complex heterocyclic systems in medicinal chemistry research.