Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in medicinal chemistry for creating analogs with enhanced biological activity. Commonly employed in research settings to develop potential drugs targeting neurological disorders and inflammatory diseases due to its ability to cross the blood-brain barrier and modulate enzyme activity. Also utilized in agrochemical research for designing new pesticides with improved efficacy and environmental safety.