This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase inhibition. Its structural framework is valuable in designing compounds for potential therapeutic applications, such as cancer treatment, where kinase inhibitors play a critical role in regulating cell signaling pathways. Additionally, it is explored in the development of drugs for inflammatory and autoimmune diseases due to its ability to interact with specific protein targets. Its versatility in medicinal chemistry makes it a significant building block for creating novel drug candidates.