Used as a key intermediate in the synthesis of pharmaceutical compounds, 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 stable heterocyclic structures that enhance binding affinity with biological targets. Also employed in the preparation of agrochemicals, where it contributes to the design of novel pesticides with improved selectivity and environmental safety. Its functional groups allow for easy modification, making it valuable in high-throughput screening and structure-activity relationship studies.