Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form hydrogen bonds and engage in aromatic interactions, enhancing binding affinity to target proteins. Commonly employed in the preparation of biologically active molecules, including those with anti-inflammatory and antiviral properties. Its structural features make it valuable in optimizing drug candidates for improved potency and selectivity.