Used in research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of pharmaceuticals targeting neurological and psychiatric disorders. Shows potential in the study of central nervous system agents due to its structural similarity to neurotransmitter modulators. Also employed in the preparation of kinase inhibitors and other enzyme-targeted molecules for cancer research. Its scaffold is explored in medicinal chemistry for optimizing drug-like properties such as solubility, bioavailability, and receptor selectivity.