Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure enables effective binding to enzyme active sites, making it valuable in medicinal chemistry for designing drugs with high selectivity and potency. Also employed in research for developing new central nervous system (CNS) active compounds due to its ability to cross the blood-brain barrier. Additionally, it serves as a building block in the preparation of heterocyclic compounds for use in drug discovery and biochemical assays.