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 tumor growth and proliferation. Its structure allows for selective binding to specific enzyme active sites, making it valuable in the design of drugs for treating cancers such as melanoma and non-small cell lung carcinoma. Also explored in the creation of novel neuroprotective agents due to its ability to cross the blood-brain barrier and interact with central nervous system targets.