Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure supports the construction of nitrogen-containing heterocyclic compounds, which are common in drugs targeting cancer and inflammatory diseases. Also employed in agrochemicals for the design of novel pesticides and herbicides due to its ability to enhance molecular stability and binding affinity. Additionally, it serves as a building block in materials science for creating organic semiconductors and luminescent compounds.