Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of anti-inflammatory and anticancer agents. Its structure supports the construction of more complex heterocyclic systems found in bioactive molecules. Commonly employed in medicinal chemistry research for modifying isoxazole derivatives to enhance pharmacological activity. Also utilized in the preparation of kinase inhibitors and CNS-active drugs due to its favorable electronic and steric properties. Suitable for solid-phase and solution-phase synthesis in drug discovery programs.