Used primarily in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds. It serves as a building block for developing kinase inhibitors and anti-inflammatory agents. Its structure allows for easy functionalization, making it valuable in creating diverse compound libraries for drug discovery. Also explored in the development of central nervous system (CNS) agents due to its ability to cross the blood-brain barrier. Shows potential in the design of selective enzyme modulators for treating metabolic and neurodegenerative disorders.