Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and antimicrobial agents. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building bioactive molecules. Commonly employed in the preparation of heterocyclic compounds that exhibit kinase inhibition, which is relevant in cancer drug research. Also utilized in agrochemicals for the design of novel pesticides due to its reactivity and ability to form derivatives with biological activity.