This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting enzyme inhibition. Its structure is often incorporated into compounds designed to interact with specific protein targets, making it valuable in the creation of potential therapeutic agents. Researchers leverage its properties to develop inhibitors for kinases and other enzymes involved in signaling pathways, which are critical in diseases like cancer and inflammatory disorders. Additionally, it is explored in the design of small molecules for studying biochemical processes and drug discovery pipelines.