Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the preparation of active pharmaceutical ingredients (APIs) due to its ability to participate in cross-coupling reactions and form complex heterocyclic structures. Its functional groups enable selective modifications, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in agrochemical research for designing novel pesticides with improved environmental profiles.