Used in the synthesis of pharmaceutical agents, particularly as an intermediate in the development of kinase inhibitors for cancer treatment. It serves as a building block in the creation of compounds targeting tyrosine kinases, which play key roles in signal transduction pathways involved in tumor growth and progression. Its structure allows for effective binding to enzyme active sites, enhancing the potency and selectivity of the final drug molecules. Also explored in the design of anti-inflammatory and neurodegenerative disease therapeutics due to its ability to cross the blood-brain barrier and modulate central nervous system targets.