Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of quinazoline derivatives, which are explored for their potential as kinase inhibitors. These inhibitors are crucial in targeting specific pathways involved in diseases such as cancer, making it a significant compound in medicinal chemistry. Additionally, it is utilized in the study of enzyme interactions and drug design, aiding in the discovery of new therapeutic agents.