Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for targeted cancer therapies. It exhibits potential in modulating signaling pathways involved in cell proliferation and apoptosis. Also investigated for its role in developing treatments for neurological disorders, such as Alzheimer's and Parkinson's, due to its structural similarity to neuroactive compounds and ability to inhibit enzymes related to neuronal degeneration. Employed in medicinal chemistry for scaffold modification to enhance drug potency and selectivity, including applications in anti-inflammatory and central nervous system drugs studied in animal models of behavior and learning.