Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for targeting tyrosine kinases involved in cancer cell proliferation. Its structure supports binding to ATP sites in enzymes, making it valuable in developing targeted therapies for oncology. Also explored in the design of anti-inflammatory agents due to its ability to modulate signaling pathways. The acetic acid moiety enhances solubility and bioavailability in preclinical drug formulations.