Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the preparation of active pharmaceutical ingredients (APIs) targeting tyrosine kinases and other enzyme systems involved in signal transduction pathways. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in agrochemical research for designing novel pesticides and herbicides due to its ability to modulate biological activity in target organisms.