Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form stable heterocyclic structures that interact with biological targets. Also employed in agrochemical research for designing novel pesticides with improved selectivity and lower environmental impact. Its reactivity allows for easy modification in multi-step organic syntheses, making it valuable in both drug discovery and crop protection chemistry.