Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the preparation of biologically active compounds due to its ability to undergo cross-coupling reactions, such as Suzuki and Buchwald-Hartwig aminations. Its structure supports the formation of complex heterocyclic systems found in drug candidates targeting inflammatory diseases and neurological disorders. Also employed in agrochemical research for designing novel pesticides with improved selectivity and efficacy.