Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of quinazoline-based drugs, which are known for their potential in targeting specific enzymes and receptors. Researchers utilize it to create compounds that may exhibit anticancer, anti-inflammatory, or antimicrobial properties. Additionally, it plays a role in organic synthesis for constructing complex heterocyclic frameworks, which are essential in medicinal chemistry for drug discovery and development.