Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for targeted cancer therapies. It serves as a building block in the preparation of active pharmaceutical ingredients (APIs) due to its functional groups that allow for selective chemical modifications. Its structure supports the formation of hydrogen bonds and aromatic interactions, enhancing binding affinity in drug-receptor interactions. Also employed in research settings for designing novel bioactive molecules with potential neurological or anti-inflammatory activity.