This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of biologically active molecules. It serves as a key building block in the development of potential therapeutic agents, particularly in the design of kinase inhibitors. These inhibitors are significant in targeting specific enzymes involved in various disease pathways, such as cancer and inflammatory disorders. Additionally, its structural features make it a valuable component in drug discovery research, aiding in the optimization of pharmacokinetic and pharmacodynamic properties of lead compounds.