Used primarily in pharmaceutical research and development as a building block for synthesizing complex molecules. It serves as an intermediate in the creation of various bioactive compounds, particularly in the design of drugs targeting neurological disorders and inflammation. Its structure allows for modifications that enhance binding affinity to specific biological targets. Additionally, it is employed in agrochemical research for developing new pesticides and herbicides, leveraging its reactivity to create effective crop protection agents. In material science, it contributes to the synthesis of advanced organic materials with potential applications in electronics and coatings.