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 targeting central nervous system disorders due to its affinity for benzodiazepine receptors. Also employed in the creation of kinase inhibitors for cancer therapy. Its structure supports the design of bioactive molecules with improved selectivity and metabolic stability. Widely utilized in medicinal chemistry for lead optimization in drug discovery programs.