Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for strong hydrogen bonding and polar interactions, making it valuable in enhancing the binding affinity of active drug molecules. Commonly employed in medicinal chemistry for optimizing pharmacokinetic properties such as solubility and metabolic stability. Also utilized in the preparation of bioactive molecules targeting neurological disorders due to its favorable blood-brain barrier penetration potential.