Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for constructing complex heterocyclic systems. Commonly employed in the preparation of drug candidates targeting neurological disorders and inflammation due to its ability to cross the blood-brain barrier and modulate receptor activity. Also utilized in agrochemical research for designing novel pesticides with improved selectivity.