Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its structure allows for selective modification in drug design, improving metabolic stability and bioavailability. Commonly employed in agrochemical research for creating novel pesticides and herbicides due to its reactivity and functional group compatibility. Also utilized in medicinal chemistry for protecting amine groups during multi-step syntheses, enabling controlled reactions without interference from reactive nitrogen sites.