This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. It serves as a building block for the development of kinase inhibitors, which are crucial in targeting specific enzymes involved in diseases such as cancer, inflammation, and autoimmune disorders. Its structural features make it a valuable scaffold for designing compounds that modulate protein kinases, offering potential therapeutic applications. Additionally, it has been explored in the creation of novel drug candidates aimed at addressing unmet medical needs in oncology and other therapeutic areas.