Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure allows for selective modification, making it valuable in creating compounds with high binding affinity to specific enzyme targets. Commonly employed in medicinal chemistry for constructing nitrogen-containing heterocycles, which are prevalent in drugs affecting neurological and oncological pathways. Also utilized in research settings to develop novel bioactive molecules due to its reactivity and functional group compatibility in coupling reactions.