Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and antibacterial agents. Its structure allows for functionalization in multi-step reactions, making it valuable in creating active pharmaceutical ingredients (APIs). Also employed in the preparation of agrochemicals, including herbicides and plant growth regulators, due to its reactivity and stability under various reaction conditions. Additionally, it serves as a building block in the synthesis of dyes and functional materials where nitrogen-rich heterocycles are required.