This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of complex molecules, particularly in the development of targeted therapies. Its structure, featuring a benzofuropyrimidine core, makes it valuable in the design of inhibitors for specific enzymes or receptors involved in disease pathways. It is often employed in research focused on oncology, where its derivatives are explored for their potential to modulate cellular processes and inhibit tumor growth. Additionally, its chiral centers and functional groups allow for further chemical modifications, enabling the creation of analogs with optimized pharmacokinetic properties for drug development.