Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its structure allows for selective functionalization, making it valuable in creating active pharmaceutical ingredients (APIs) with targeted biological activity. Commonly employed in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance molecular binding affinity. Also utilized in medicinal chemistry for scaffold modification in drug discovery programs, especially in the optimization of potency and metabolic stability.