Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating biologically active molecules targeting specific signaling pathways. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its ability to enhance binding affinity and selectivity in drug candidates. Also utilized in the preparation of heterocyclic compounds with potential antiviral and anti-inflammatory properties.