Used as a key intermediate in the synthesis of bioactive compounds, particularly in pharmaceuticals targeting central nervous system disorders. Its structure supports the development of serotonin receptor modulators, making it valuable in antidepressant and antipsychotic drug research. Also employed in the design of kinase inhibitors for cancer therapy due to its ability to enhance binding affinity with target enzymes. Commonly found in medicinal chemistry research for optimizing lead compounds with improved pharmacokinetic properties.