Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure enables effective binding to specific enzyme targets, making it valuable in medicinal chemistry for designing drugs with high selectivity. Also employed in agrochemical research for creating novel pesticides due to its ability to enhance biological activity in active ingredients. Commonly utilized in cross-coupling reactions, such as Suzuki and Heck reactions, to build complex heterocyclic systems in drug discovery.