This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of kinase inhibitors, which are crucial for targeting specific pathways involved in diseases such as cancer. Its structure allows for modifications that enhance binding affinity and selectivity towards target enzymes, making it a versatile building block in drug discovery. Additionally, it is employed in research to study the structure-activity relationships of potential therapeutic agents, aiding in the optimization of drug candidates for improved efficacy and reduced side effects.