Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form stable heterocyclic structures that interact with biological targets. Commonly employed in research settings for structure-activity relationship (SAR) studies, especially in optimizing compounds for improved potency and selectivity. Also utilized in the preparation of neuroprotective and anti-inflammatory agents due to its favorable binding properties with central nervous system receptors.