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 constructing complex heterocyclic systems. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to introduce aryl or amino groups. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its electron-withdrawing properties and stability. Preferred in late-stage diversification strategies in drug discovery for its reactivity and compatibility with various reaction conditions.