Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of anxiolytic and sedative agents. It serves as a building block for modulating GABA receptors in the central nervous system. Commonly employed in the preparation of benzodiazepine-like structures due to its favorable binding properties. Also utilized in research for developing novel therapeutics targeting neurological disorders such as insomnia and epilepsy. Its derivatives show potential in improving metabolic stability and bioavailability in drug candidates.