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 creating compounds with potential anticancer, antiviral, or anti-inflammatory activity. Commonly employed in cross-coupling reactions and heterocyclic transformations to build complex drug-like molecules. Also utilized in agrochemical research for designing new active ingredients in crop protection agents.