Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure enables selective binding to enzyme active sites, making it valuable in creating targeted therapies. Commonly employed in medicinal chemistry for constructing potent, biologically active molecules, especially in oncology and inflammatory disease research. Also utilized in the preparation of fluorescent probes due to its favorable electronic properties, aiding in cellular imaging and biochemical assays.