Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting central nervous system disorders. Its structure enables incorporation into molecules with potential anticonvulsant and neuroprotective properties. Commonly employed in medicinal chemistry for building heterocyclic frameworks that enhance drug stability and binding affinity. Also utilized in the development of novel kinase inhibitors and anti-inflammatory agents due to its ability to modulate enzyme activity. Its ester functionality allows for easy derivatization, making it valuable in combinatorial chemistry and high-throughput screening campaigns.