Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It plays a role in targeting signaling pathways involved in tumor growth and inflammation. Its structure enables effective binding to specific enzyme active sites, making it valuable in medicinal chemistry for designing drugs with high selectivity and potency. Also employed in research for developing new neuroprotective and antiviral compounds due to its favorable bioavailability and molecular interactions.