Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating analogs with improved potency and metabolic stability. Commonly employed in the preparation of drugs targeting neurological disorders and inflammatory conditions due to its favorable binding properties and ability to cross biological membranes. Also utilized in agrochemical research for designing new crop protection agents.