Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of kinase inhibitors, which are crucial for targeting specific pathways in cancer therapy. Additionally, it plays a role in the creation of compounds that modulate enzyme activity, aiding in the treatment of inflammatory and autoimmune diseases. Its structural properties make it a versatile building block in medicinal chemistry, enabling the design of novel therapeutic agents with enhanced efficacy and selectivity.