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 functionalization, making it valuable in medicinal chemistry for constructing biologically active molecules. Commonly employed in cross-coupling reactions such as Suzuki-Miyaura and Buchwald-Hartwig aminations to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its favorable reactivity and stability in various transformation processes.