Used in pharmaceutical research as a scaffold for developing bioactive molecules. Shows potential in the design of antiviral and anticancer agents due to its ability to interact with specific enzymes and receptors in biological systems. Its structure supports binding to protein targets involved in cell proliferation and viral replication. Also explored in agrochemicals for crop protection owing to moderate fungicidal and insecticidal activity. Serves as an intermediate in synthesizing more complex heterocyclic compounds with enhanced functional properties.