Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of selective kinase inhibitors and neuroactive compounds. Its structure supports binding to enzyme active sites, making it valuable in drug discovery for central nervous system disorders and inflammatory diseases. Also employed in agrochemical research for designing novel pesticides with improved selectivity and lower toxicity. Commonly utilized in medicinal chemistry for scaffold modification to enhance pharmacokinetic properties such as bioavailability and metabolic stability.