This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase enzymes. Its structure makes it valuable in the development of potential therapeutic agents for conditions such as cancer, inflammatory diseases, and neurological disorders. Additionally, it is employed in the design and optimization of drug candidates, aiding in the exploration of structure-activity relationships (SAR) to enhance efficacy and selectivity. Researchers also use it in the preparation of heterocyclic compounds, which are often investigated for their pharmacological properties.