Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure enables selective binding in biological systems, making it valuable in creating targeted therapies. Commonly employed in medicinal chemistry research to build complex heterocyclic systems with potential antitumor and anti-inflammatory activity. Also utilized in the preparation of bioactive molecules due to its ability to participate in cross-coupling reactions, facilitating the introduction of diverse functional groups.