Used in pharmaceutical research as a key intermediate for synthesizing bioactive molecules, particularly in the development of anti-inflammatory and antimicrobial agents. Shows potential in the design of kinase inhibitors due to its structural affinity for enzyme active sites. Also employed in the study of central nervous system disorders, where its derivatives demonstrate modulatory effects on neuronal receptors. Commonly utilized in structure-activity relationship (SAR) studies to optimize drug candidates with improved metabolic stability and target selectivity.