This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase enzymes. Its structure is often incorporated into compounds designed for cancer therapy, as kinase inhibitors play a critical role in regulating cell proliferation and survival. Additionally, it is explored in the development of antiviral and anti-inflammatory agents due to its ability to modulate specific biochemical pathways. Researchers also investigate its potential in creating novel therapeutic agents for neurological disorders, leveraging its unique chemical framework to enhance drug efficacy and selectivity.