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 medicinal chemistry for designing drugs with high selectivity. Also employed in agrochemical research for creating novel pesticides due to its ability to enhance bioavailability and stability in active compounds. Commonly utilized in structure-activity relationship (SAR) studies to optimize potency and pharmacokinetic properties.