Used primarily in pharmaceutical research and development, it serves as a key intermediate in the synthesis of various biologically active compounds. Its structure is valuable in creating potential drug candidates, particularly in the development of kinase inhibitors, which are crucial for treating cancers and inflammatory diseases. Additionally, it is employed in the study of enzyme mechanisms and receptor interactions, aiding in the discovery of new therapeutic agents. Its application extends to organic synthesis, where it acts as a building block for more complex molecules in medicinal chemistry.