Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting central nervous system disorders. It serves as a building block in the development of kinase inhibitors and antipsychotic agents due to its ability to enhance binding selectivity and metabolic stability. Its structure supports cross-coupling reactions, making it valuable in medicinal chemistry for constructing complex heterocyclic systems. Also employed in agrochemical research for designing novel pesticides with improved efficacy and environmental profiles.