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 compounds that modulate GABA receptors, which are important in treating central nervous system disorders. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating novel drug candidates. Also employed in the research of kinase inhibitors and in the design of bioactive molecules for oncology and inflammation.