This compound is primarily utilized in the field of medicinal chemistry due to its structural properties, which make it a valuable scaffold for drug development. It is often employed in the synthesis of various biologically active molecules, particularly those targeting enzymes or receptors involved in disease pathways. Its pyrazolopyrimidinone core is known to interact with specific protein targets, making it a key intermediate in the creation of potential therapeutic agents. Researchers explore its derivatives for applications in treating conditions such as inflammation, cancer, and neurological disorders. Additionally, its role in the development of kinase inhibitors is notable, as these inhibitors are crucial in regulating cellular processes and have significant implications in oncology and other therapeutic areas.