Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. It exhibits utility in agrochemical formulations, contributing to the creation of novel herbicides and plant growth regulators due to its ability to interfere with enzyme systems in pests and weeds. Its structure supports hydrogen bonding and π-π stacking, making it valuable in the design of bioactive molecules with improved binding affinity. Also employed in research settings for scaffold hopping in drug discovery to enhance metabolic stability and solubility of lead compounds.