This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of small molecule inhibitors. It serves as a key intermediate in the production of drugs targeting various enzymes and receptors, such as kinase inhibitors, which are crucial in cancer therapy. Its structural framework is valuable in designing compounds that modulate biological pathways, making it a significant component in the discovery of novel therapeutic agents. Additionally, it is explored in the development of treatments for neurological disorders due to its potential to interact with central nervous system targets. Its applications extend to preclinical studies, where it is used to evaluate efficacy and safety profiles of new drug candidates.