Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly in developing antimicrobial and antiviral agents. Shows potential in the design of kinase inhibitors for cancer therapy due to its ability to interact with specific enzyme targets. Also employed in the study of central nervous system disorders, where its derivatives exhibit modulatory effects on neurotransmitter receptors. Its structural framework supports the development of novel compounds with improved metabolic stability and binding affinity.