Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure enables selective binding to enzyme active sites, making it valuable in drug discovery for targeted therapies. Also explored in the design of neuroprotective agents and anti-inflammatory drugs due to its ability to cross the blood-brain barrier and modulate cellular signaling pathways. Commonly utilized in medicinal chemistry for scaffold modification to enhance drug potency and metabolic stability.