Used primarily in pharmaceutical research, this compound plays a significant role in the development of kinase inhibitors, which are crucial for treating various cancers and inflammatory diseases. Its structure is often exploited to enhance the binding affinity and selectivity of drugs targeting specific enzymes. Additionally, it serves as a key intermediate in synthesizing compounds with potential antimicrobial and antiviral properties, contributing to the discovery of new therapeutic agents. Its versatility in medicinal chemistry makes it a valuable scaffold for designing novel bioactive molecules.