Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and plant growth regulators. Its structure allows for further functionalization, making it valuable in creating active ingredients that target specific enzymes in weeds. Commonly employed in cross-coupling reactions to build complex heterocyclic systems found in crop protection agents. Also utilized in research settings for designing fluorinated analogs to improve metabolic stability and bioavailability in new chemical entities.