Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and anti-inflammatory agents. It serves as a building block in medicinal chemistry for constructing nitrogen-containing heterocyclic compounds. Its structure allows for easy functionalization, making it valuable in drug discovery programs targeting cancer, neurological disorders, and metabolic diseases. Also employed in the preparation of agrochemicals and dyes due to its reactivity and stability in various chemical transformations.