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 enzymes. Its structure is often incorporated into the design of inhibitors that regulate cellular signaling pathways, making it valuable in the development of treatments for cancers and inflammatory diseases. Additionally, it is used in organic synthesis to create complex heterocyclic compounds, which are essential in medicinal chemistry for drug discovery and optimization processes.