Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure supports the formation of compounds with high selectivity toward specific enzyme receptors, making it valuable in medicinal chemistry. It is also employed in the preparation of bioactive molecules for research in neurodegenerative diseases and inflammation. Additionally, this compound serves as a building block in agrochemicals for designing novel pesticides with improved efficacy and environmental safety.