This chemical is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of biologically active compounds. It plays a significant role in the creation of molecules targeting various diseases, particularly in the development of kinase inhibitors, which are important in cancer therapy. Additionally, it is employed in the design of compounds for neurological disorders due to its structural compatibility with receptors in the central nervous system. Its unique heterocyclic structure also makes it valuable in agrochemical research for developing new pesticides and herbicides.