Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of kinase inhibitors, which are crucial for targeting specific pathways in cancer therapy. Additionally, it finds application in the creation of antimicrobial agents, offering potential solutions to combat resistant bacterial strains. In organic chemistry, it is employed as a building block for constructing more complex heterocyclic compounds, which are often explored for their therapeutic properties. Its versatility also extends to agrochemical research, where it aids in the design of novel pesticides and herbicides.