Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in drugs targeting tyrosine kinases, which play a role in signal transduction pathways involved in tumor growth and progression. Its structure allows for easy modification to enhance binding affinity and selectivity toward specific enzyme targets. Also explored in the design of antimicrobial and anti-inflammatory compounds due to its favorable interaction with biological targets. Commonly utilized in medicinal chemistry research for structure-activity relationship (SAR) studies.