Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for antiviral and anticancer agents. Its structure supports the construction of complex heterocyclic systems found in bioactive molecules. Also employed in agrochemicals for the creation of herbicides and plant growth regulators due to its ability to modulate biological activity in target organisms. Serves as a building block in organic synthesis, especially in cross-coupling reactions and metal-catalyzed transformations, enabling the formation of C–C and C–N bonds in fine chemical production.