Used primarily in pharmaceutical research, this compound acts as an intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of kinase inhibitors, which are crucial for targeting specific pathways in cancer therapy. Additionally, it finds application in the design of compounds that modulate enzyme activity, aiding in the study of cellular processes and potential drug candidates for treating metabolic disorders. Its role in medicinal chemistry is significant due to its ability to enhance the efficacy and selectivity of therapeutic agents.