Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting central nervous system disorders. It serves in the development of potent GABA-A receptor modulators, contributing to anxiolytic and anticonvulsant drug candidates. Its structure allows for selective derivatization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in research settings to design novel heterocyclic compounds with potential anticancer and antimicrobial properties.