Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating targeted therapies. Commonly employed in medicinal chemistry research to build more complex heterocyclic systems with biological activity. Also utilized in the preparation of serotonin receptor modulators and other neuroactive agents. Stable under standard conditions, it supports efficient coupling reactions in multi-step organic syntheses.