Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and antibacterial agents. Its structure allows for selective functionalization, making it valuable in constructing nitrogen-containing heterocyclic compounds. Commonly employed in medicinal chemistry for building blocks in drug discovery programs targeting kinase inhibitors and other bioactive molecules. Also utilized in the preparation of fluorescent probes and agrochemicals due to its reactivity and derivatization potential.