Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules targeting neurological and oncological disorders. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for constructing complex heterocyclic systems. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to build drug-like molecules. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance metabolic stability and binding affinity in active ingredients.