Used in pharmaceutical research as a kinase inhibitor, particularly showing activity against tyrosine kinases involved in cancer cell signaling pathways. It serves as a lead compound in the development of anticancer agents due to its ability to inhibit cell proliferation and induce apoptosis in tumor cells. Also investigated for its potential in treating neurodegenerative diseases owing to its structural properties that support blood-brain barrier penetration. Commonly employed in structure-activity relationship (SAR) studies to optimize potency and selectivity in drug design.