This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of molecules that target specific biological pathways, such as kinase inhibitors, which are crucial in treating various cancers and inflammatory diseases. Its structural features make it valuable for designing compounds with enhanced binding affinity and selectivity. Additionally, it is employed in the study of enzyme mechanisms and as a building block in medicinal chemistry for optimizing drug-like properties. Its applications extend to the development of potential therapies for neurological disorders due to its ability to interact with central nervous system targets.