Used primarily in pharmaceutical research, it serves as a key intermediate in the synthesis of various drugs, particularly those targeting viral and bacterial infections. Its structure is integral in developing compounds with potential antiviral, antibacterial, and anticancer properties. Additionally, it finds application in agrochemicals for creating pesticides and herbicides due to its ability to inhibit specific enzymes in pests. In material science, it is explored for its role in synthesizing organic electronic materials, contributing to advancements in conductive polymers and semiconductors.