Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for optimizing drug potency and metabolic stability. Commonly employed in the preparation of compounds targeting inflammatory diseases, neurological disorders, and certain cancers. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its favorable electronic and steric properties.