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 creating active ingredients in drug discovery. Commonly employed in agrochemicals as well, especially in the production of herbicides and pesticides due to its ability to enhance biological activity when incorporated into larger molecules. Also utilized in research settings for the preparation of novel heterocyclic compounds with potential therapeutic applications.