Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of cardiovascular drugs and anti-inflammatory agents. Its structure supports binding to specific enzyme targets, making it valuable in medicinal chemistry for optimizing drug efficacy and selectivity. Also explored in research for potential neuroprotective properties due to its ability to cross the blood-brain barrier. Employed in small-scale laboratory studies to design novel heterocyclic compounds with improved pharmacokinetic profiles.