Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceutical research. It plays a role in developing kinase inhibitors and other therapeutic agents targeting inflammatory diseases and cancer. The compound's structure allows for functional modifications, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. It is also employed in the preparation of protease inhibitors and has shown utility in the development of central nervous system agents due to its ability to cross biological membranes.