Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and analgesic drugs. Its structure supports the formation of bioactive molecules by serving as a building block in heterocyclic chemistry. Commonly employed in medicinal chemistry for designing compounds with central nervous system activity. Also utilized in the preparation of kinase inhibitors and other targeted therapies in oncology research. Shows utility in creating novel derivatives for structure-activity relationship (SAR) studies.