Used primarily as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective binding to enzyme active sites, making it valuable in designing drugs targeting tyrosine kinases involved in tumor growth. Also utilized in research settings to study signal transduction pathways due to its ability to modulate protein activity. Additionally, serves as a building block in the preparation of compounds with anti-inflammatory and antiviral properties. Its derivatization enhances pharmacokinetic profiles in drug candidates, supporting oral bioavailability and metabolic stability.