Used primarily in research settings as a key intermediate in the synthesis of pharmaceutical compounds, particularly those targeting central nervous system disorders. It shows potential in the development of dopamine receptor modulators, which are relevant for treating conditions like Parkinson’s disease and schizophrenia. Its structure allows for easy modification, making it valuable in medicinal chemistry for optimizing drug candidates. Also investigated for use in creating novel anticancer agents due to its ability to interact with kinase enzymes involved in cell signaling pathways.