Used as an intermediate in the synthesis of antimalarial drugs, particularly in the development of quinoline-based pharmaceuticals. Its structure allows for functional modifications that enhance biological activity against Plasmodium species. Also employed in research for developing new antimicrobial and anticancer agents due to its ability to chelate metal ions and interact with enzyme active sites. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies targeting kinase inhibitors and anti-inflammatory compounds.