Used in pharmaceutical research, this compound serves 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 in cancer therapy. Its structure allows for modifications that enhance binding affinity and selectivity towards target proteins. Additionally, it is employed in the creation of novel compounds for studying enzyme mechanisms and drug discovery processes. Its applications extend to medicinal chemistry, where it aids in optimizing drug candidates for improved efficacy and reduced side effects.