Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating drug candidates targeting cancer and inflammatory diseases. Also employed in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance binding affinity with biological targets. Commonly utilized in organic synthesis for constructing nitrogen-containing heterocycles through condensation and cyclization reactions.