This compound is primarily used in pharmaceutical research as a key intermediate in the synthesis of biologically active molecules. It is particularly significant in the development of kinase inhibitors, which are crucial for targeting specific enzymes involved in various diseases, including cancer. Its structure allows it to interact effectively with enzyme active sites, making it valuable for designing drugs that can regulate cell signaling pathways. Additionally, it has been explored in the study of cardiovascular and neurological disorders due to its potential to modulate protein interactions. Researchers also utilize it to investigate the pharmacokinetics and pharmacodynamics of novel therapeutic agents. Its application is largely confined to laboratory settings, where it aids in the discovery and optimization of new drug candidates.