Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for constructing nitrogen-containing heterocycles. Commonly employed in research settings to build complex molecules with potential anti-inflammatory, anticancer, or neuroprotective properties. Also utilized in the preparation of ligands for catalysis and in the design of novel drug candidates due to its ability to participate in cross-coupling and condensation reactions.