This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of compounds targeting various biological pathways, including kinase inhibition, which is crucial for treating diseases like cancer and inflammatory disorders. Its structural framework allows for modifications that enhance drug efficacy and selectivity. Additionally, it is employed in the study of enzyme mechanisms and biochemical interactions, aiding in the discovery of potential therapeutic agents. Its application is also seen in the development of small molecule inhibitors for specific protein targets, contributing to advancements in precision medicine.