Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly kinase inhibitors with potential anticancer properties. It also serves as a building block in the development of receptor antagonists and modulators of central nervous system activity. Its structural features make it valuable in medicinal chemistry for optimizing drug candidates targeting inflammation, neurological disorders, and tumor growth. Additionally, it is employed in the design of novel heterocyclic compounds for structure-activity relationship studies.