Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for strong binding interactions with biological targets, making it valuable in medicinal chemistry. Also employed in the design of heterocyclic compounds for drug discovery due to its stability and reactivity in coupling reactions. Shows potential in creating antiviral agents and anti-inflammatory drugs through derivatization. Commonly used in research settings to build complex molecules with therapeutic activity.