Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules targeting cancer and inflammatory diseases. Its structure supports the construction of nitrogen-containing heterocycles, which are common in drug design. Also employed in agrochemical research for the development of novel pesticides and herbicides due to its reactivity and ability to form stable derivatives. Commonly utilized in combinatorial chemistry and medicinal chemistry screening libraries for lead compound optimization.