Used in pharmaceutical research as a key scaffold in the development of kinase inhibitors, particularly targeting ALK (anaplastic lymphoma kinase) and other tyrosine kinases involved in cancer progression. It shows potential in the design of antitumor agents due to its ability to modulate signaling pathways in cancer cells. Also investigated for its neuroprotective properties and possible application in treating neurodegenerative diseases. Its amide functionality enhances solubility and binding affinity, making it valuable in optimizing drug candidates for improved efficacy and pharmacokinetics.