Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for creating compounds with potential anti-inflammatory, antiviral, and anticancer activities. Also employed in agrochemical research for designing new pesticides and herbicides due to its ability to enhance molecular binding and stability. Commonly utilized in heterocyclic chemistry to build complex ring systems for drug discovery and materials science.