Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for selective functionalization, making it valuable in drug discovery for building complex heterocyclic systems. Commonly employed in cross-coupling reactions to form carbon-nitrogen or carbon-carbon bonds, it contributes to the creation of potent therapeutic agents targeting cancer, inflammation, and central nervous system disorders. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its stability and reactivity profile.