Used primarily in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly kinase inhibitors. Its structural features make it valuable in developing potential anticancer agents and anti-inflammatory drugs. The compound's ability to interact with specific enzyme targets allows for modulation of cellular signaling pathways, supporting its use in early-stage drug discovery. It is also employed in the preparation of analogs for structure-activity relationship (SAR) studies to optimize therapeutic efficacy and selectivity.