This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of small molecule inhibitors targeting specific enzymes or proteins. It serves as a key intermediate in the creation of potential therapeutic agents, especially in the field of oncology, where it may be used to design drugs that inhibit kinases or other proteins involved in cancer cell proliferation. Additionally, its structural framework is valuable in medicinal chemistry for exploring structure-activity relationships (SAR) to optimize drug efficacy and selectivity. Its application extends to the development of compounds for treating other diseases where modulation of specific biological pathways is required.