Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for constructing complex heterocyclic systems. Commonly employed in research settings to build compounds with potential anticancer, anti-inflammatory, or antimicrobial activity. Also utilized in the preparation of agrochemicals and functional materials due to its stability and reactivity in cross-coupling reactions.