Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and central nervous system (CNS) active agents. Its structure supports the formation of biologically active molecules with potential antitumor, anti-inflammatory, and neuroprotective properties. Commonly employed in medicinal chemistry for scaffold modification to enhance drug potency and selectivity. Also utilized in research settings for generating compound libraries in high-throughput screening for new therapeutic candidates.