Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors and central nervous system (CNS) active compounds. Its structure enables selective binding to enzyme targets, making it valuable in drug discovery for oncology and neurological disorders. Commonly employed in cross-coupling reactions, such as Suzuki-Miyaura and Buchwald-Hartwig, to build complex bioactive molecules. Also utilized in the preparation of potent GABA receptor modulators and antipsychotic drug candidates.