Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block in the preparation of bioactive molecules due to its ability to undergo cross-coupling reactions, such as Suzuki and Buchwald-Hartwig aminations. Its structure is favorable for modifying pharmacokinetic properties in drug candidates. Also employed in the creation of kinase inhibitors and other targeted therapies in medicinal chemistry research. Commonly found in libraries of heterocyclic compounds for high-throughput screening in drug discovery.