Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to enzyme active sites, making it valuable in creating targeted therapies. Also utilized in agrochemical research for designing novel pesticides with improved selectivity. The carboxylic acid group allows for easy derivatization, enabling the formation of amides and esters in drug discovery programs. Shows promise in the development of anti-inflammatory compounds due to its aromatic and heterocyclic framework.