Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure enables selective binding to enzyme active sites, making it valuable in medicinal chemistry for optimizing drug potency and metabolic stability. Also employed in agrochemical research for designing novel pesticides with improved efficacy and environmental safety. Commonly utilized in high-throughput screening and structure-activity relationship (SAR) studies due to its favorable reactivity and derivatization potential.