This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the production of biologically active molecules, especially those targeting kinase inhibition. Its structure is often incorporated into compounds designed for treating various diseases, including cancer, due to its ability to modulate specific enzymatic pathways. Additionally, it is used in medicinal chemistry for optimizing drug properties such as potency, selectivity, and bioavailability. Its role in the development of small-molecule therapeutics makes it a valuable component in the discovery of new treatments.