Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure supports functionalization at multiple sites, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Commonly employed in the preparation of compounds with activity against oncogenic signaling pathways, including those involved in lung and breast cancer. Also utilized in agrochemical research for designing bioactive molecules with improved stability and efficacy.