Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating compounds with potential anti-inflammatory, anticancer, and antimicrobial activities. Commonly employed in cross-coupling reactions to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing new pesticides and herbicides due to its ability to enhance molecular binding affinity.