Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of kinase inhibitors, which are crucial for treating cancers and inflammatory diseases. Additionally, it finds application in the creation of agrochemicals, where it contributes to the design of novel pesticides and herbicides. Its versatility in organic synthesis also makes it a useful building block for constructing complex heterocyclic compounds in medicinal chemistry.