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 drug discovery programs targeting tyrosine kinases and other signaling proteins involved in tumor growth. Commonly employed in medicinal chemistry for derivatization to enhance potency, solubility, and bioavailability of lead compounds. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies.