Used in pharmaceutical research as a key intermediate in the synthesis of various bioactive compounds. It plays a significant role in developing potential therapeutic agents, particularly in the creation of kinase inhibitors, which are essential for treating cancers and inflammatory diseases. Its structural properties make it valuable in designing molecules that target specific enzymes or receptors, aiding in drug discovery and development processes. Additionally, it is explored in the study of neurological disorders due to its potential interactions with central nervous system targets.