Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and anxiolytic agents. Its structure allows for selective binding in biological systems, making it valuable in drug discovery. Commonly employed in coupling reactions to form bioactive molecules, especially in the preparation of heterocyclic compounds with therapeutic potential. Also utilized in research settings to design new central nervous system (CNS) modulators due to its affinity for benzodiazepine receptors.