Used in pharmaceutical research as a key intermediate in the synthesis of various biologically active compounds. It plays a significant role in the development of kinase inhibitors, which are essential for treating cancers and inflammatory diseases. The compound's structure allows for modifications that enhance drug efficacy and selectivity. Additionally, it is utilized in organic chemistry studies to explore novel reactions and mechanisms, contributing to advancements in medicinal chemistry. Its applications extend to the creation of potential therapeutic agents targeting specific cellular pathways.