Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to specific enzyme active sites, enhancing selectivity and potency. Also employed in the preparation of metal-organic frameworks (MOFs) due to its ability to chelate metal ions, useful in catalysis and sensor design. Additionally, it serves as a building block in agrochemicals for creating herbicides and fungicides with improved environmental profiles.