Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for targeted cancer therapies. Its structure supports high binding affinity to specific enzyme active sites, making it valuable in drug discovery programs focused on oncology and inflammatory diseases. Also employed in the preparation of serotonin receptor modulators due to its favorable electronic and steric properties. Commonly utilized in medicinal chemistry research for scaffold modification to enhance metabolic stability and bioavailability of lead compounds.