Used in pharmaceutical research as a scaffold for developing kinase inhibitors, particularly in oncology for targeting signaling pathways involved in cancer cell proliferation. Derivatives exhibit antiviral and antimicrobial activity by inhibiting enzymes related to viral replication, such as those in influenza and HIV. Also investigated for anti-inflammatory properties due to its ability to modulate enzyme activity in cellular processes. Shows potential in central nervous system drug design for treating stress, anxiety, and insomnia, owing to partial interaction with GABA receptors and its capacity to cross the blood-brain barrier. Employed in the synthesis of fluorescent probes for biochemical imaging, leveraging its photostable characteristics in cellular assays. Currently in laboratory and animal testing stages, not yet widely used clinically.