Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules. Its azide and ether functional groups allow for selective modifications through click chemistry and alkylation reactions, making it valuable in medicinal chemistry for building complex heterocyclic structures. Commonly employed in research settings to develop potential drug candidates targeting neurological disorders and cancer. Also utilized in agrochemical research for designing novel active ingredients with improved selectivity and stability.