Used in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and analgesic drugs. Acts as an intermediate in organic synthesis, contributing to the creation of heterocyclic compounds with potential biological activity. Employed in research for studying enzyme inhibition and receptor binding due to its structural properties. Also utilized in the production of dyes and pigments, offering stable colorants for various industrial applications. Plays a role in agrochemical research for developing new pesticides and herbicides. Its derivatives are explored for their potential in treating neurological disorders and as antioxidants in medicinal chemistry.