Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly in the development of selective receptor antagonists and enzyme inhibitors. Its structural features support binding to central nervous system targets, making it valuable in studies related to neuropharmacology. Also employed in the design of novel therapeutic agents for inflammatory and pain-related conditions due to its ability to modulate signaling pathways. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies to optimize drug candidates.