Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure enables selective binding to specific enzyme sites, making it valuable in creating compounds that modulate cellular signaling pathways. Commonly employed in research settings for structure-activity relationship (SAR) studies to optimize drug potency and selectivity. Also utilized in the preparation of neuroprotective and anti-inflammatory agents due to its ability to cross biological membranes and interact with central nervous system targets.