Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating compounds with high biological activity. Commonly employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig, to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and selectivity.