This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting kinase enzymes. Its structure is often incorporated into molecules designed for cancer therapy, as it can inhibit specific pathways involved in tumor growth and proliferation. Additionally, it is explored in the development of treatments for inflammatory and autoimmune diseases due to its potential to modulate immune responses. Researchers also investigate its use in creating novel drug candidates for neurological disorders, leveraging its ability to interact with specific receptors in the brain. Its versatility makes it a valuable building block in medicinal chemistry.