Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of agrochemicals and active pharmaceutical ingredients (APIs). Its structure allows for selective functionalization, making it valuable in creating compounds with biological activity. Commonly employed in the manufacture of herbicides and plant growth regulators due to its ability to enhance selectivity and metabolic stability in target molecules. Also utilized in research for developing novel drugs in medicinal chemistry, especially in projects involving kinase inhibitors and central nervous system agents.