Used in pharmaceutical research as a key scaffold for developing bioactive molecules, particularly in the discovery of kinase inhibitors and central nervous system agents. Its structure supports binding to various enzyme targets, making it valuable in the design of potential antitumor, anti-inflammatory, and neuroprotective compounds. Also employed in medicinal chemistry for optimizing drug-like properties due to its favorable metabolic stability and moderate lipophilicity. Additionally, it serves as an intermediate in synthesizing more complex heterocyclic systems for drug development.