This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting therapeutic areas such as oncology and neurology. Its structure is valuable for constructing complex heterocyclic compounds, which are often explored for their potential as kinase inhibitors or modulators of specific cellular pathways. Researchers leverage this chemical to design and optimize drug candidates with enhanced efficacy and selectivity. Additionally, it may be employed in academic settings for studying chemical reactivity and developing novel synthetic methodologies.