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 heterocyclic compounds. Commonly employed in cross-coupling reactions such as Suzuki-Miyaura and Buchwald-Hartwig aminations to build complex drug-like molecules. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its favorable reactivity and stability.