Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of herbicides and fungicides. Its structure allows for easy functionalization, making it valuable in creating biologically active compounds. Commonly employed in medicinal chemistry for constructing nitrogen-containing heterocycles and in the preparation of fluorinated analogs to enhance metabolic stability and lipophilicity in drug candidates. Also utilized in research for designing novel compounds with potential antitumor, anti-inflammatory, or antimicrobial activity.