Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for constructing complex heterocyclic systems. Commonly employed in research settings to design drug candidates targeting inflammatory diseases, cancer, and central nervous system disorders. Also utilized in agrochemical research for the development of novel pesticides due to its reactivity and stability in various chemical transformations.