Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to undergo selective cross-coupling reactions, enabling the construction of complex heterocyclic systems. Its structural features make it valuable in optimizing the potency and selectivity of bioactive molecules, especially in targeted therapies. Additionally, it has been explored in research settings for the development of anti-inflammatory and neuroprotective agents.