Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceutical research. It plays a significant role in the development of potential drug candidates, especially in the field of kinase inhibitors, which are crucial for treating various diseases, including cancer. Its structure allows for further functionalization, making it valuable in medicinal chemistry for creating diverse molecular libraries. Additionally, it is utilized in the study of heterocyclic compounds, aiding in the exploration of new therapeutic agents.