Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form stable heterocyclic structures that interact with biological targets. Commonly employed in the preparation of active pharmaceutical ingredients (APIs) where nitrogen-containing rings are required for activity. Its derivatives show potential in neurodegenerative disease research and antiviral drug design. Also utilized in agrochemicals for the development of novel pesticides with improved selectivity.