Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for targeted cancer therapies. It serves as a building block in the development of compounds that modulate signaling pathways involved in cell growth and proliferation. Its structure allows for functionalization to enhance binding affinity and selectivity toward specific enzyme targets. Also explored in the design of neuroprotective agents and treatments for inflammatory diseases due to its ability to cross biological membranes and interact with central nervous system receptors.