Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to specific enzyme targets, enhancing selectivity and potency in drug candidates. Also employed in research for new anti-inflammatory and neuroprotective agents due to its favorable pharmacokinetic properties and ability to cross biological membranes. Commonly utilized in medicinal chemistry for scaffold modification and structure-activity relationship (SAR) studies.