Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating bioactive molecules with anti-inflammatory and antitumor properties. Also employed in agrochemical research for designing novel pesticides due to its ability to enhance metabolic stability in active ingredients. Commonly utilized in medicinal chemistry for SAR studies to optimize drug candidates targeting neurological and oncological pathways.