Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer therapy. Its structure enables selective binding to enzyme active sites, making it valuable in creating targeted treatments. Also employed in research settings to design compounds with central nervous system activity, including potential antipsychotic or cognitive-enhancing drugs. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies due to its ability to modulate potency and selectivity in drug candidates.