This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of small molecule inhibitors. It serves as a key intermediate in the creation of compounds targeting various biological pathways, such as kinase inhibition, which is crucial in the treatment of cancers and inflammatory diseases. Its structural features make it a valuable building block for designing molecules with potential therapeutic effects. Additionally, it is explored in the development of drugs for neurological disorders due to its ability to interact with specific receptors in the brain. Its versatility in drug design underscores its importance in medicinal chemistry.