Used in pharmaceutical research as a key scaffold in the development of kinase inhibitors, particularly targeting enzymes involved in cancer cell proliferation. Shows potential in anti-inflammatory and antitumor activities due to its ability to modulate signaling pathways. Also explored for its fluorescent properties in bioimaging applications, where it acts as a probe for detecting specific biomolecules in cellular environments. Its structure supports binding to protein active sites, making it valuable in drug discovery for designing small-molecule therapeutics.