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 selective functionalization, making it valuable in medicinal chemistry for creating analogs with potential antiviral, anticancer, or anti-inflammatory properties. Also employed in agrochemical research for designing novel pesticides and herbicides due to its ability to modulate biological activity in targeted systems. Commonly utilized in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to build complex heterocyclic compounds in drug discovery programs.