This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of biologically active molecules, often targeting specific enzymes or receptors involved in disease pathways. Its structure is particularly valuable in the design of kinase inhibitors, which are crucial in treating various cancers and inflammatory conditions. Additionally, it is explored for its potential in modulating signaling pathways associated with cell proliferation and apoptosis, making it a promising candidate for oncology-focused therapies. Researchers also investigate its role in developing treatments for neurological disorders due to its ability to interact with central nervous system targets.