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 medicinal chemistry due to its ability to form biologically active heterocyclic compounds. Commonly employed in the preparation of selective enzyme inhibitors and receptor modulators, especially in research targeting inflammatory diseases and neurological disorders. Its structure allows for easy functionalization, making it valuable in high-throughput screening and structure-activity relationship (SAR) studies.