Used primarily in pharmaceutical research as an intermediate in the synthesis of bioactive compounds. It serves as a building block for developing potential drug candidates targeting inflammation, cancer, and central nervous system disorders. Its structure supports modification for optimizing potency and selectivity in medicinal chemistry. Also employed in the preparation of kinase inhibitors and cannabinoid receptor modulators during early-stage drug discovery. Commonly utilized in organic synthesis to explore structure-activity relationships in heterocyclic compound libraries.