This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of kinase inhibitors. It serves as a key intermediate in the production of targeted cancer therapies, where its structure is modified to enhance binding affinity and selectivity for specific kinase enzymes. Its application is crucial in the design of drugs aimed at disrupting signaling 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 cellular signaling processes.