Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly kinase inhibitors. Shows potential in the development of treatments for neurological disorders due to its structural similarity to neurotransmitter modulators. Also explored in the design of novel antiviral and anticancer agents owing to its ability to cross cell membranes and interact with enzyme targets. Its scaffold is valued in medicinal chemistry for enhancing binding affinity and selectivity in drug candidates.