Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) targeting central nervous system disorders and psychiatric conditions. Its structure allows for easy modification and incorporation into more complex molecules, making it valuable in medicinal chemistry for designing drug candidates with improved solubility and receptor binding properties. Commonly employed in the preparation of kinase inhibitors and receptor antagonists. Also utilized in research settings for generating novel analogs during structure-activity relationship (SAR) studies.