Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer therapy. It exhibits potential in medicinal chemistry due to its ability to interact with biological targets involved in cell signaling pathways. Its structure supports derivatization for optimizing drug-like properties such as potency, selectivity, and metabolic stability. Also explored in the design of antiviral agents and anti-inflammatory drugs due to its heterocyclic scaffold, which is known to confer bioactivity in various therapeutic areas.