Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting kinase inhibition. It serves in the development of anti-inflammatory, anticancer, and antimicrobial agents due to its ability to act as a scaffold in medicinal chemistry. Its structure allows for easy functionalization, making it valuable in drug discovery for optimizing potency and selectivity. Also employed in the preparation of heterocyclic compounds for materials science applications, including organic semiconductors and optoelectronic devices.