Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating active pharmaceutical ingredients (APIs) with high potency. Commonly employed in agrochemical research as well, contributing to the design of novel pesticides and herbicides due to its ability to enhance bioavailability and target specificity. Also utilized in materials science for the development of organic semiconductors, where halogen and alkoxy substitutions improve electronic properties.