Used as a key 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 complex heterocyclic compounds. Commonly employed in cross-coupling reactions such as Suzuki and Buchwald-Hartwig aminations to form carbon-carbon and carbon-nitrogen bonds. Also utilized in agrochemical research for designing new active ingredients due to its stability and reactivity profile.