Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antihypertensive and antiviral agents. Its structure supports the formation of nitrogen-rich heterocyclic compounds, which are important in drug design for enhancing binding affinity and metabolic stability. Also employed in agrochemicals for the creation of herbicides and plant growth regulators due to its ability to influence biological activity in crop protection systems. Additionally, it serves as a building block in materials science for developing fluorescent dyes and organic semiconductors.