Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of central nervous system agents. Its structure supports the creation of selective receptor modulators, making it valuable in drug discovery for neurological disorders. Also employed in the preparation of kinase inhibitors and other targeted therapies due to its ability to act as a building block in complex heterocyclic systems. Commonly utilized in medicinal chemistry for scaffold modification and structure-activity relationship (SAR) studies.