Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and central nervous system agents. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Commonly employed in the preparation of bioactive molecules due to its ability to enhance metabolic stability and improve pharmacokinetic properties. Also utilized in research settings for generating compound libraries in high-throughput screening for new drug candidates.