Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to participate in cross-coupling reactions, enabling the construction of complex heterocyclic systems. Its structure is valuable in designing bioactive molecules with improved selectivity and potency. Also explored in research for potential applications in neurodegenerative disease therapies owing to its interaction with specific enzyme targets.