Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly significant in the development of quinazoline derivatives, which are explored for their potential as kinase inhibitors. These inhibitors are crucial in targeted cancer therapies, as they can interfere with specific signaling pathways that promote tumor growth. Additionally, the compound is investigated for its role in creating anti-inflammatory and antimicrobial agents, leveraging its structural framework to enhance drug efficacy and selectivity. Its application extends to the study of enzyme interactions, aiding in the design of novel therapeutic agents with improved pharmacokinetic properties.