Used in pharmaceutical research as a key intermediate in the synthesis of various biologically active compounds. It plays a significant role in the development of potential drug candidates, particularly in the field of oncology and inflammation. Its structure is valuable for designing inhibitors targeting specific enzymes or receptors involved in disease pathways. Additionally, it is utilized in the study of kinase inhibitors, which are critical for treating cancers and other proliferative disorders. Researchers also explore its derivatives for their potential therapeutic properties, making it a versatile building block in medicinal chemistry.