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 or Buchwald-Hartwig, to introduce aryl or amino groups during drug discovery processes. Also utilized in the preparation of agrochemicals and functional materials due to its stability and reactivity profile.