Used as a key intermediate in the synthesis of pharmaceutical compounds, 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 targeted therapies. Commonly employed in the preparation of antiviral and anticancer agents due to its ability to participate in cross-coupling reactions and form stable heterocyclic frameworks. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and selectivity.