Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to enzyme active sites, making it valuable in designing drugs that target specific signaling pathways involved in tumor growth. Also explored in medicinal chemistry for central nervous system agents due to its ability to cross the blood-brain barrier. Additionally, employed in research settings to develop novel heterocyclic compounds with potential antimicrobial and anti-inflammatory properties.