This chemical is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of biologically active compounds. Its structure makes it valuable for constructing complex molecules, particularly in the creation of kinase inhibitors, which are essential in targeted cancer therapies. Additionally, it serves as a building block in the development of novel drugs for treating neurological disorders due to its ability to interact with specific receptors in the brain. Its application extends to agrochemical research, where it is used to design and synthesize new pesticides or herbicides with improved efficacy and selectivity.