Used as an 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 constructing nitrogen-containing heterocyclic compounds. It is also employed in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance binding affinity with biological targets. Additionally, it serves as a building block in the preparation of ligands for catalytic reactions.