Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors and central nervous system (CNS) active compounds. Its scaffold is valued for enabling strong binding interactions with biological targets due to its semi-rigid structure and hydrogen bonding capability. Commonly employed in medicinal chemistry for optimizing potency and selectivity in drug candidates. Also utilized in the preparation of heterocyclic compounds for research in neurodegenerative diseases and inflammation.