This compound is primarily utilized in pharmaceutical research as a key intermediate in the synthesis of various biologically active molecules. It serves as a core structure in the development of inhibitors targeting specific enzymes, particularly those involved in signaling pathways related to cancer and inflammatory diseases. Its structural framework is valuable for designing compounds that modulate protein kinases, making it significant in drug discovery for therapeutic applications. Additionally, it is explored in the study of adenosine receptor antagonists, which have potential in treating conditions like Parkinson's disease and other neurological disorders. Its versatility in medicinal chemistry highlights its importance in creating novel therapeutic agents.