Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form hydrogen bonds and participate in π-π stacking interactions, enhancing binding affinity to target proteins. Also employed in the preparation of agrochemicals and bioactive molecules with antimicrobial properties. Its scaffold is valued in drug discovery for improving metabolic stability and solubility in lead compounds.