This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of various pharmaceutical compounds. Its structure is particularly valuable in the creation of molecules that exhibit biological activity, such as inhibitors for specific enzymes or receptors. Researchers often employ it in the synthesis of heterocyclic compounds, which are crucial in drug discovery and development. Additionally, it has shown potential in the study of kinase inhibitors, which are important in targeting cancer and other diseases. Its application extends to agrochemical research as well, where it may be used to develop new pesticides or herbicides with improved efficacy.