Used in pharmaceutical research as a key intermediate for developing bioactive compounds, particularly in the synthesis of kinase inhibitors with potential anticancer properties. Shows activity in cell signaling modulation and is investigated for its role in anti-inflammatory and antiviral applications. Also employed in the design of selective ligands for central nervous system targets due to its ability to cross the blood-brain barrier. Commonly utilized in structure-activity relationship (SAR) studies to optimize drug candidates targeting receptor tyrosine kinases.