Used in pharmaceutical research as a building block for synthesizing biologically active compounds, particularly in the development of agents targeting neurological and inflammatory pathways, such as anti-epileptic drugs and neurotransmitter modulators due to its structure resembling brain receptor agonists. It serves as a starting material or intermediate in creating new antimicrobial and antifungal agents by interfering with microbial enzyme functions. Additionally, it acts as a ligand in transition metal complexes for laboratory applications in medical imaging and cancer treatment, and supports coordination with metal ions in catalytic systems for certain industrial chemical reactions.