This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of biologically active molecules, particularly in the development of kinase inhibitors. These inhibitors are crucial for targeting specific enzymes involved in various disease pathways, such as cancer and inflammatory disorders. Its structural features make it a valuable scaffold for designing drugs that can modulate protein kinase activity, thereby offering potential therapeutic benefits. Researchers also explore its derivatives for optimizing drug efficacy, selectivity, and pharmacokinetic properties.