Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in creating compounds with antitumor, antiviral, and anti-inflammatory activities. Commonly employed in research settings to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its reactivity and stability in various reaction conditions.