Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the design of kinase inhibitors, which are crucial for treating diseases like cancer and inflammatory disorders. Its structure allows for modifications that enhance binding affinity and selectivity to target proteins, making it a versatile building block in medicinal chemistry. Additionally, it is explored in the development of novel therapeutic agents targeting specific enzymatic pathways, contributing to advancements in drug discovery.