Used as a key intermediate in the synthesis of pharmaceuticals, particularly in developing compounds with anti-inflammatory, antimicrobial, antiviral, anticancer, and central nervous system (CNS) modulating properties. Its structure is valuable in medicinal chemistry for designing heterocyclic compounds that can interact with biological targets. It is also employed in the development of agrochemicals, including herbicides and pesticides, due to its ability to enhance the bioactivity of active ingredients. Additionally, it serves as a building block in materials science for creating high-performance polymers and energetic materials.