Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly in the development of anxiolytic and sedative agents. It serves as a building block for modulating central nervous system activity due to its affinity for benzodiazepine receptors. Also explored in the design of kinase inhibitors for potential anticancer therapies. Its heterocyclic structure enhances binding selectivity, making it valuable in medicinal chemistry for optimizing drug candidates.