Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure allows for selective modification, making it valuable in creating compounds with high binding affinity to specific enzyme sites. Commonly employed in research settings to design drugs that modulate cell signaling pathways involved in tumor growth and inflammation. Also utilized in medicinal chemistry for optimizing pharmacokinetic properties such as metabolic stability and bioavailability.