This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase enzymes. Its structure is often incorporated into compounds designed for the treatment of cancer, inflammatory diseases, and other conditions where kinase inhibition is beneficial. Additionally, it is used in the development of small molecule inhibitors that modulate specific signaling pathways involved in cell proliferation and survival. Researchers also explore its potential in creating novel therapeutic agents due to its unique heterocyclic framework, which can enhance binding affinity and selectivity towards target proteins.