Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antitumor and antimicrobial agents. Its structure supports activity against certain kinase enzymes, making it valuable in research for targeted cancer therapies. Also investigated for its role in agrochemicals, contributing to the creation of bioactive molecules with pest control properties. The compound’s ability to interact with biological targets through hydrogen bonding and aromatic interactions enhances its utility in medicinal chemistry for designing new drug candidates.