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 derivatives with potential antiviral, anticancer, and anti-inflammatory properties. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing new pesticides and herbicides due to its stability and reactivity profile.