This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its structure is often incorporated into the design of potential drug candidates, especially in the development of kinase inhibitors, which are important in treating diseases like cancer. Additionally, it is used in the preparation of compounds for biological screening and optimization studies to identify new therapeutic agents. Its unique chemical properties make it a valuable building block in organic synthesis for creating complex molecules with potential pharmacological activity.