Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly targeting tyrosine kinases involved in cancer cell proliferation. Shows potential in the development of targeted therapies for solid tumors due to its ability to modulate signaling pathways. Also employed in structure-activity relationship (SAR) studies to optimize drug candidates for improved potency and selectivity. Its ester functionality allows for easy modification, making it valuable in medicinal chemistry for prodrug design and bioavailability enhancement.