Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fungicides and insecticides. Its structure enables effective binding to biological targets, enhancing the activity of active ingredients in crop protection products. It is also utilized in the preparation of novel heterocyclic compounds with potential medicinal properties, including anti-inflammatory and antimicrobial agents. The compound’s stability and reactivity make it suitable for use in cross-coupling reactions during drug discovery processes.