Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly for developing drugs targeting neurological disorders and inflammation. Its structural framework is valuable in designing molecules with potential therapeutic effects. Also explored in material science for creating organic electronic components due to its unique aromatic and heterocyclic properties. In agrochemical research, it serves as a precursor for developing novel pesticides and herbicides, leveraging its chemical stability and reactivity. Additionally, it is studied in organic synthesis for constructing complex heterocyclic systems, which are essential in medicinal chemistry and drug discovery.