This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors. Its quinazoline core structure is often incorporated into drug candidates designed for therapeutic applications, such as anticancer, antiviral, or anti-inflammatory agents. Additionally, its piperazine moiety enhances the compound's ability to interact with biological targets, making it valuable in the development of drugs with improved efficacy and pharmacokinetic properties. Researchers also explore its potential in designing inhibitors for protein kinases, which play a critical role in cell signaling pathways associated with diseases like cancer.