Used in pharmaceutical research as a key scaffold for developing anticancer agents, particularly as a tyrosine kinase inhibitor. It shows activity in targeting epidermal growth factor receptor (EGFR), making it valuable in treatments for non-small cell lung cancer and other solid tumors. Also explored for its potential in antimalarial and anti-inflammatory drug development due to its ability to modulate biological pathways. Its derivatives are synthesized to enhance selectivity and efficacy in therapeutic applications.