This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active compounds. Its structure makes it a valuable building block for the development of pharmaceutical agents, particularly in the design of kinase inhibitors, which are crucial in targeting specific pathways involved in diseases like cancer and inflammatory disorders. Additionally, it finds application in the research and development of new drugs due to its ability to interact with enzymes and receptors, aiding in the discovery of novel therapeutic candidates. Its versatility also extends to agrochemical research, where it may be used to create compounds with potential pesticidal or herbicidal properties.