Used as a key intermediate and scaffold in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure enables selective binding to enzyme active sites, making it valuable in designing targeted therapies. Commonly utilized in research settings, including hit screening and lead optimization, to develop drugs that modulate cell signaling pathways involved in tumor growth and proliferation. Also employed in the preparation of agrochemicals due to its ability to enhance bioactivity in certain pesticidal compounds.