Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports binding to specific neurological receptors, making it valuable in research for anxiolytic and anticonvulsant drug candidates. Also explored in agrochemical research for designing novel pesticides due to its heterocyclic stability and bioactivity. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies to optimize potency and selectivity.