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 easy functionalization, making it valuable in medicinal chemistry for creating analogs with enhanced biological activity. Also employed in agrochemical research to design new pesticides and herbicides due to its ability to interact with biological targets in pests and weeds. Commonly utilized in research laboratories for building complex heterocyclic systems in drug discovery programs.