This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase enzymes. Its structure makes it a valuable building block for developing potential drug candidates, especially in the treatment of cancers and inflammatory diseases. Researchers also explore its use in designing inhibitors for specific protein targets, contributing to the development of novel therapeutic agents. Additionally, it is studied for its potential applications in organic synthesis, where it may be used to create complex heterocyclic compounds with diverse biological activities.