Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It also serves in agrochemical formulations, enhancing the efficacy of certain herbicides and plant growth regulators. Its structure supports hydrogen bonding and coordination with metal ions, making it useful in catalysis and material science applications. Additionally, it has been explored in the design of bioactive molecules due to its resemblance to natural heterocyclic compounds involved in cellular processes.