Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of kinase inhibitors, which are crucial for treating cancers and other diseases. Additionally, it is utilized in the creation of compounds that target specific enzymes or receptors, aiding in the discovery of new therapeutic agents. Its role in medicinal chemistry is significant due to its ability to modify and enhance the efficacy of drug candidates.