Used primarily in pharmaceutical research as an intermediate in the synthesis of biologically active compounds. Shows potential in the development of central nervous system agents due to its structural similarity to known neuroactive molecules. Employed in studies related to receptor modulation, particularly in early-stage drug discovery for psychiatric and neurological disorders. Also utilized as a building block in the preparation of pyrazolopyridine derivatives, which are of interest for their pharmacological properties, including anti-inflammatory and analgesic effects. Commonly found in lab-scale synthesis and optimization of novel therapeutic candidates.