Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for targeting tyrosine kinases involved in cancer cell proliferation. Shows potential in the development of anti-tumor agents due to its ability to modulate signaling pathways in malignant cells. Also employed in structure-activity relationship (SAR) studies to optimize drug candidates for improved potency and selectivity. Its ester functionality allows for easy modification, making it valuable in medicinal chemistry for prodrug design and bioavailability enhancement.