Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and antiviral agents. Its structure allows for selective modification, making it valuable in medicinal chemistry for optimizing drug potency and metabolic stability. Commonly employed in research settings to construct biologically active molecules targeting inflammatory and oncological pathways. Also utilized in agrochemical research for designing novel pesticides due to its favorable reactivity and ability to enhance bioactivity in heterocyclic compounds.