This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of small molecule inhibitors. It serves as a key intermediate in the production of compounds targeting specific enzymes or receptors involved in various diseases. Its structure is often explored in the design of drugs for oncology, inflammation, and metabolic disorders. Researchers value its role in creating potent and selective therapeutic agents, making it a significant component in medicinal chemistry pipelines. Additionally, it is used in biochemical assays to study enzyme kinetics and mechanisms of action, aiding in the discovery of novel drug candidates.