Used as a key intermediate in the synthesis of certain pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure allows for selective binding to specific enzyme active sites, making it valuable in drug design for oncology research. It is also employed in medicinal chemistry for optimizing potency and selectivity in small-molecule therapeutics. Commonly utilized in laboratory settings for structure-activity relationship (SAR) studies due to its functional groups that support derivatization.