Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of potential drugs targeting inflammation and cancer, due to its ability to interact with specific enzymes and receptors. Additionally, it is explored in the creation of novel cinnoline derivatives, which are studied for their antimicrobial and antiviral properties. Researchers also utilize it in organic synthesis to build complex heterocyclic compounds, contributing to advancements in medicinal chemistry.