This compound is primarily utilized in pharmaceutical research and development due to its potential biological activity. It is often investigated for its role as a kinase inhibitor, which makes it a candidate for treating various types of cancers. Researchers study its efficacy in disrupting signaling pathways that promote tumor growth and survival. Additionally, it is explored for its anti-inflammatory properties, which could be beneficial in managing chronic inflammatory diseases. The compound’s structure allows it to interact with specific molecular targets, making it a valuable tool in drug discovery and therapeutic applications.