This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. It is often employed in the development of kinase inhibitors, which are crucial for targeting specific enzymes involved in various disease pathways, particularly cancer. Its structural features make it suitable for modifying and optimizing drug candidates to enhance their efficacy, selectivity, and pharmacokinetic properties. Additionally, it is explored in research settings for its potential role in designing compounds that modulate cellular signaling pathways, contributing to advancements in targeted therapies.