Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building heterocyclic systems. Commonly employed in research settings to design new drug candidates targeting inflammation, cancer, and central nervous system disorders. Also utilized in agrochemical research for developing novel pesticides and herbicides due to its reactivity and ability to form diverse derivatives.