Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly targeting tyrosine kinases involved in cancer cell signaling pathways. Shows potential in the development of anticancer agents due to its ability to interfere with tumor growth and proliferation. Also explored for its role in central nervous system drug discovery due to structural affinity with bioactive heterocycles. Commonly employed in medicinal chemistry for scaffold modification to enhance potency and selectivity of drug candidates.