Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the preparation of active pharmaceutical ingredients (APIs) targeting tyrosine kinases and other signaling enzymes involved in tumor growth. Its structure allows for selective modification, enabling optimization of drug potency and metabolic stability. Also employed in agrochemical research for designing herbicides and plant growth regulators due to its ability to interfere with enzymatic pathways in pests and weeds. Commonly utilized in combinatorial chemistry and high-throughput screening for lead compound discovery.