Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly those targeting tyrosine kinases involved in cancer cell proliferation. Shows potential in developing anti-tumor agents due to its ability to modulate signaling pathways in malignant cells. Also employed in the design of bioactive molecules with anti-inflammatory and antimicrobial properties. Its structural features make it valuable in structure-activity relationship (SAR) studies for optimizing drug candidates.