Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the preparation of bioactive molecules due to its ability to form hydrogen bonds and participate in π-π stacking interactions, enhancing binding affinity to target proteins. Also employed in the production of agrochemicals and functional materials where heterocyclic frameworks are required. Its structural motif is found in compounds with antimicrobial and anti-inflammatory activities, making it valuable in medicinal chemistry research.