This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active compounds. It serves as a building block for the development of pharmaceuticals, particularly in the creation of kinase inhibitors, which are crucial for targeting specific enzymes involved in diseases like cancer and inflammatory disorders. Its structure allows for modifications that enhance drug efficacy and selectivity. Additionally, it is employed in research settings to explore novel therapeutic agents and study molecular interactions in drug discovery processes.