Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and anticancer agents. Its structure supports the formation of heterocyclic compounds with biological activity. Also employed in agrochemicals for creating herbicides and pesticides due to its ability to interact with enzyme systems in pathogens and pests. Additionally, it serves as a building block in materials science for designing conductive organic materials and sensors, leveraging its electron-rich heterocyclic core.