Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of bioactive molecules and drug candidates targeting central nervous system disorders. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for building benzoxazine-based scaffolds. It is also employed in research settings to prepare fluorescent probes and heterocyclic compounds for use in biochemical assays. The compound’s reactivity supports cross-coupling reactions, enabling the creation of diverse derivatives for structure-activity relationship studies in early-stage drug discovery.