Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective binding to enzyme active sites, making it valuable in drug discovery. Also employed in agrochemical research for designing herbicides and plant growth regulators due to its ability to interfere with cellular signaling in target organisms. Commonly utilized in organic synthesis to build complex heterocyclic systems, especially in medicinal chemistry for optimizing lead compounds.