Used in organic synthesis as an intermediate for pharmaceuticals and biologically active compounds. Serves as a building block in the preparation of pyridine and pyrrole-based heterocyclic systems, which are common scaffolds in drug discovery. Applied in the development of kinase inhibitors and antimicrobial agents due to its ability to interact with biological targets through hydrogen bonding and π-π stacking. Also utilized in materials science for constructing conjugated systems in organic electronics.