Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating targeted drug candidates. Commonly employed in cross-coupling reactions to introduce aryl or heteroaryl groups, it plays a key role in the preparation of complex heterocyclic systems found in anti-inflammatory, anticancer, and antimicrobial agents. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its reactivity and ability to interact with biological targets.