Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for treating cancer. Its structure allows for selective modification, making it valuable in medicinal chemistry for optimizing drug potency and bioavailability. Commonly employed in research settings to construct complex heterocyclic systems found in bioactive molecules. Also utilized in the preparation of antiviral and anti-inflammatory compounds due to its favorable reactivity and stability in multi-step reactions.