Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating analogs with enhanced biological activity. Commonly employed in cross-coupling reactions such as Suzuki-Miyaura and Buchwald-Hartwig to build complex heterocyclic systems found in bioactive molecules. Also utilized in research settings to explore new pathways in heterocycle chemistry and drug discovery.