This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of quinazoline-based drugs, which are known for their therapeutic potential in treating a range of diseases. Specifically, it serves as a building block in the creation of inhibitors targeting specific enzymes or receptors involved in pathological processes. For instance, it has been explored in the design of compounds with anti-cancer properties, where it helps in modulating pathways critical to tumor growth and survival. Additionally, its derivatives have shown promise in the development of anti-inflammatory and antimicrobial agents, making it a versatile component in drug discovery and development efforts.