This chemical is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of novel drug compounds. Its structure makes it a valuable intermediate in the creation of targeted therapies, especially in oncology. Researchers leverage its properties to design and develop inhibitors that can selectively target specific enzymes or proteins involved in cancer cell proliferation. Additionally, it is employed in the study of kinase inhibitors, which play a critical role in regulating cellular processes and are often implicated in various diseases. Its application extends to the exploration of antiviral and anti-inflammatory agents, contributing to advancements in treating complex medical conditions.