Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports the formation of complex heterocyclic systems found in bioactive molecules. It is also employed in research settings to design new drug candidates targeting inflammatory diseases and neurological disorders. Due to its hydrogen-bonding capability and planar structure, it enhances binding affinity to enzyme active sites, making it valuable in medicinal chemistry and rational drug design.