Used as a key intermediate in the synthesis of tyrosine kinase inhibitors, particularly in the development of anticancer agents. Its structure allows for selective binding to enzyme active sites, making it valuable in pharmaceutical research for targeting abnormal cell signaling pathways. Commonly employed in the preparation of compounds that inhibit tumor growth, especially in studies related to epidermal growth factor receptor (EGFR) modulation. Also utilized in medicinal chemistry for optimizing drug candidates due to its favorable electronic and steric properties.