Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules with potential antitumor and antimicrobial properties. Its structure supports conjugation in medicinal chemistry, enabling the design of compounds targeting specific enzymes or receptors. Also employed in agrochemical research for creating novel herbicides and pesticides due to its stable heterocyclic core. Additionally, it serves as a building block in materials science for developing fluorescent dyes and optoelectronic materials.