Used in pharmaceutical research as a key intermediate in the synthesis of thiazole-based compounds with potential anticancer and antimicrobial properties. Shows activity in inhibiting specific kinases involved in cell proliferation, making it valuable in developing targeted cancer therapies. Also investigated for its role in enhancing the stability and bioavailability of drug candidates due to its conjugated structure. Employed in medicinal chemistry for structure-activity relationship (SAR) studies to optimize lead compounds.