This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase enzymes. Its structural framework is often incorporated into compounds designed for therapeutic applications, such as cancer treatment, where kinase inhibitors play a crucial role in regulating cell proliferation and survival. Additionally, it may be explored in the development of anti-inflammatory and antiviral agents due to its potential to modulate specific biochemical pathways. Researchers also investigate its derivatives for their potential in treating neurological disorders, leveraging its ability to interact with central nervous system targets. Its versatility makes it a valuable scaffold in the design of novel pharmaceuticals.