This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure makes it a valuable intermediate in the creation of molecules targeting various diseases, including cancer and inflammatory conditions. Researchers often explore its potential as a building block for kinase inhibitors, which play a critical role in regulating cellular processes. Additionally, it has been investigated for its use in developing compounds with potential antiviral or antibacterial properties. Its application extends to medicinal chemistry, where it aids in the design and optimization of biologically active molecules for therapeutic purposes.