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. Kinase inhibitors derived from this structure are often explored for their potential in treating cancers and inflammatory diseases. Additionally, it is investigated for its role in modulating cellular signaling pathways, making it valuable in the development of targeted therapies. Its structural framework is also studied for applications in drug discovery, where it aids in the design of novel compounds with improved efficacy and selectivity.