Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with anti-inflammatory and analgesic properties. It serves as a building block in heterocyclic chemistry, enabling the construction of complex molecules for drug discovery. Its structure supports functionalization at multiple sites, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in agrochemical research for designing new pesticides and plant growth regulators due to its stability and reactivity profile.