Used in pharmaceutical research as a key scaffold for developing bioactive molecules. Shows potential in the design of kinase inhibitors and anti-inflammatory agents. Also investigated for antitumor activity due to its ability to interact with specific cellular targets involved in cancer progression. Its structure supports strong binding to enzymes and receptors, making it valuable in medicinal chemistry for optimizing drug candidates. Additionally, employed in the synthesis of heterocyclic compounds for use in diagnostic probes and imaging agents.