Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) active agents. Its structure supports the creation of potent modulators of neurotransmitter receptors, making it valuable in research for treating neurological and psychiatric disorders. Commonly employed in medicinal chemistry for scaffold modification to enhance drug potency, selectivity, and metabolic stability. Also explored in the design of kinase inhibitors and other targeted therapies in oncology research.