Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in agrochemicals, contributing to the creation of herbicides and pesticides due to its ability to enhance selectivity and biological activity. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for optimizing drug candidates. Also employed in research settings for designing novel compounds with potential antimicrobial or anti-inflammatory properties.