This compound is primarily utilized in the field of medicinal chemistry, particularly in the development of kinase inhibitors. Its structure is designed to interact with specific protein kinases, making it valuable for research into targeted cancer therapies. The compound's ability to inhibit kinase activity helps in studying cellular signaling pathways and their role in disease progression. Additionally, it serves as a key intermediate in the synthesis of more complex molecules used in drug discovery and development. Its application extends to preclinical studies, where it aids in evaluating the efficacy and safety of potential therapeutic agents.