Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its functional groups allow for selective modifications, making it valuable in medicinal chemistry for creating analogs with improved potency and selectivity. Commonly employed in the preparation of antitumor and anti-inflammatory agents due to its ability to integrate into complex heterocyclic systems. Also utilized in agrochemical research for designing new active ingredients in crop protection products.