Used as a key 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 targeted drug candidates. Commonly employed in cross-coupling reactions to build complex heterocyclic systems found in treatments for cancer, inflammation, and central nervous system disorders. Also utilized in agrochemical research for designing new pesticides and herbicides due to its ability to enhance binding affinity and metabolic stability in active ingredients.