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 for compounds acting as positive allosteric modulators of GABAA receptors, which are targeted in treatments for anxiety, insomnia, and epilepsy. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also explored in the design of kinase inhibitors and antimicrobial agents due to its favorable binding properties with biological targets.