Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating analogs with improved potency and selectivity. Commonly employed in the preparation of drug candidates targeting inflammatory diseases, cancer, and central nervous system disorders. Also utilized in agrochemical research for the design of novel pesticides and herbicides due to its ability to enhance molecular binding and stability.