Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports modification for enhanced binding to specific enzyme targets, making it valuable in medicinal chemistry research. Also employed in the creation of novel bioactive molecules due to its ability to mimic heterocyclic motifs found in natural compounds. Commonly utilized in structure-activity relationship (SAR) studies to optimize drug candidates for improved potency and selectivity.