Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and antitumor agents. Its structure supports the formation of biologically active molecules that target specific enzyme pathways involved in cancer progression. Also employed in research settings for generating novel heterocyclic compounds with potential antimicrobial and anti-inflammatory properties. The compound’s reactivity allows for selective derivatization, making it valuable in medicinal chemistry for structure-activity relationship studies.