Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the preparation of bioactive molecules targeting tyrosine kinases and other enzyme systems involved in signal transduction pathways. Its structure allows for selective derivatization at multiple positions, enabling optimization of pharmacokinetic properties in drug design. Also employed in the creation of antihypertensive and anti-inflammatory compounds due to its favorable interactions with biological targets. Widely utilized in medicinal chemistry research for generating compound libraries in high-throughput screening.