Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block in the preparation of compounds that modulate GABA receptors, which are important in treating central nervous system disorders. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in the creation of kinase inhibitors and other bioactive molecules in research settings.