Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to specific enzyme targets involved in cell signaling pathways, making it valuable in oncology research. Commonly utilized in medicinal chemistry for optimizing drug candidates due to its favorable interaction with biological targets and ability to enhance selectivity and potency. Also employed in the preparation of fluorescent probes for biochemical assays, leveraging its photophysical properties for detection and imaging applications.