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 ligands targeting benzodiazepine receptors, contributing to the creation of drugs with central nervous system depressant effects. Its structure supports the design of compounds with improved selectivity and reduced side effects. Also employed in medicinal chemistry research for optimizing drug candidates due to its favorable pharmacokinetic properties and ability to enhance binding affinity.