This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of kinase inhibitors, which are crucial for targeting specific enzymes involved in diseases such as cancer and inflammatory disorders. Researchers often employ it to design and optimize drug candidates due to its ability to modulate protein interactions effectively. Additionally, it serves as a building block in the creation of heterocyclic compounds, which are widely explored for their potential therapeutic applications. Its versatility and reactivity make it a significant component in the discovery of novel pharmaceuticals.