Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antitumor and antimicrobial agents. Its structure supports the formation of nitrogen-rich heterocyclic compounds, which are valuable in medicinal chemistry for designing kinase inhibitors and other bioactive molecules. Also employed in agrochemicals for creating herbicides and plant growth regulators due to its ability to enhance molecular stability and reactivity. Additionally, it serves in materials science for developing dyes and functional polymers with unique electronic properties.