This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its quinazolinone core structure is particularly valuable in the development of inhibitors targeting tyrosine kinases, which play a critical role in cellular signaling pathways. These inhibitors are often explored for their potential therapeutic applications in treating cancers and other diseases driven by abnormal kinase activity. Additionally, the compound’s functional groups, such as the benzyloxy and methoxy substituents, allow for further chemical modifications, enabling the creation of diverse derivatives with optimized pharmacological properties. Its role in drug discovery research underscores its importance in the development of novel therapeutic agents.