Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and antimicrobial agents. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for constructing complex heterocyclic systems. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to introduce aryl or amino groups. Also utilized in agrochemical research for designing bioactive molecules with pesticidal or herbicidal activity.