Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form hydrogen bonds and engage in aromatic interactions, enhancing binding affinity to target proteins. Also employed in the preparation of bioactive molecules with potential anti-inflammatory and neuroprotective activities. Its structural features make it valuable in structure-activity relationship (SAR) studies for optimizing drug candidates.