Used in pharmaceutical research as a key intermediate in the development of kinase inhibitors, particularly for targeting cancer-related proteins such as ALK (anaplastic lymphoma kinase). Its structure supports binding to enzyme active sites, making it valuable in designing drugs for oncology. Also explored for anti-inflammatory and neuroprotective applications due to its ability to modulate cellular signaling pathways. Commonly employed in structure-activity relationship (SAR) studies to optimize potency and selectivity in drug candidates.