Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It plays a significant role in the development of anticancer and antiviral agents due to its quinazoline core, which is known for its therapeutic potential. Additionally, it is utilized in the creation of kinase inhibitors, which are crucial in targeting specific pathways involved in disease progression. Its applications extend to material science, where it contributes to the development of organic electronic materials and dyes.