Used as an intermediate in the synthesis of biologically active compounds, particularly in pharmaceutical research. It serves as a building block for kinase inhibitors and other agents targeting cellular signaling pathways. Its structure allows for derivatization to enhance binding affinity and selectivity in drug candidates. Also employed in the development of potential anticancer and anti-inflammatory agents due to its ability to interact with specific enzyme targets. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies.