Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the production of selective inhibitors targeting tyrosine kinases, which play critical roles in signal transduction pathways involved in tumor growth and progression. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in research settings to design and develop new bioactive molecules with potential anti-inflammatory, antiviral, or antiproliferative activities.