Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure allows for selective modification, making it valuable in creating compounds with high binding affinity to specific enzyme sites. Commonly employed in medicinal chemistry for optimizing drug potency and metabolic stability during lead compound development. Also utilized in the preparation of bioactive molecules in research settings focused on central nervous system disorders due to its favorable solubility and functional group compatibility.