Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. It is also employed in the preparation of agrochemicals, such as fungicides and herbicides, due to its stable heterocyclic structure. Its derivatives show bioactive properties, making it valuable in medicinal chemistry for designing compounds with antimicrobial and anti-inflammatory activities. Additionally, it serves as a building block in the creation of specialty chemicals used in research and development.