This compound is primarily utilized in the field of medicinal chemistry due to its potential as a kinase inhibitor. It is often investigated for its role in targeting specific enzymes involved in various cellular signaling pathways, making it a candidate for the development of therapeutics for diseases such as cancer and inflammatory disorders. Its structural features allow it to bind effectively to kinase domains, thereby modulating their activity. Researchers also explore its application in biochemical assays to study kinase-related mechanisms and screen for other potential inhibitors. Additionally, its derivatives may be synthesized to enhance selectivity and efficacy for specific biological targets.