Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to undergo selective cross-coupling reactions, enabling the construction of complex heterocyclic systems. Commonly employed in research settings to design bioactive molecules with potential antitumor, antibacterial, and anti-inflammatory properties. Its structural features make it valuable in optimizing drug candidates for improved binding affinity and metabolic stability.