This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of kinase inhibitors. It serves as a key intermediate in the production of targeted therapies for various diseases, including cancer. Its structure is designed to interact with specific enzymes or proteins involved in disease pathways, making it valuable in the creation of drugs that aim to modulate these biological processes. Additionally, it is often employed in preclinical studies to evaluate its efficacy and safety profile, contributing to the advancement of novel therapeutic agents.