Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer therapy. Its structure supports functionalization at multiple sites, enabling the creation of derivatives with enhanced biological activity. Commonly employed in medicinal chemistry for optimizing drug candidates targeting neurological disorders and inflammatory diseases due to its favorable binding properties with central nervous system receptors. Also utilized in research settings to design novel heterocyclic compounds with potential antiviral and antidepressant effects.