Used as an intermediate in the synthesis of various pharmaceutical compounds, particularly in the development of kinase inhibitors. These inhibitors play a crucial role in cancer treatment by targeting specific enzymes involved in tumor growth. Additionally, it serves as a key building block in the production of agrochemicals, contributing to the creation of herbicides and fungicides that protect crops from pests and diseases. Its versatility in organic synthesis also makes it valuable in research and development for designing novel bioactive molecules.