This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of small molecule inhibitors. It serves as a key intermediate in the creation of compounds targeting specific enzymes or receptors, often in the context of cancer therapy or neurological disorders. Its structure allows for modifications that enhance binding affinity and selectivity, making it valuable in drug discovery. Additionally, it is utilized in biochemical assays to study molecular interactions and pathways, aiding in the identification of potential therapeutic targets. Its role in medicinal chemistry underscores its importance in advancing treatments for complex diseases.