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 easy functionalization, making it valuable in medicinal chemistry for creating compounds with potential anticancer, anti-inflammatory, and antiviral activities. Commonly employed in research settings to build more complex heterocyclic systems. Also utilized in the preparation of agrochemicals and in the discovery of new drug candidates due to its favorable binding properties with biological targets.