Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its structure supports the design of bioactive molecules due to the presence of both aromatic and heterocyclic moieties. Commonly employed in medicinal chemistry for constructing drug-like scaffolds, especially in research targeting cancer and central nervous system disorders. Also utilized in the preparation of specialty organic compounds for use in agrochemicals and materials science.