Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It plays a role in the production of compounds targeting central nervous system disorders due to its favorable binding properties with benzodiazepine receptors. Also employed in the preparation of kinase inhibitors for cancer therapy. Its structure supports the design of bioactive molecules with improved metabolic stability and selectivity. Commonly utilized in medicinal chemistry for scaffold modification and lead optimization in drug discovery programs.