Used in pharmaceutical synthesis as a key intermediate for developing biologically active compounds, particularly in the production of kinase inhibitors and anti-inflammatory agents. Its structure supports the design of molecules with high target specificity, making it valuable in drug discovery. Also employed in the development of central nervous system (CNS) therapeutics due to its ability to cross the blood-brain barrier. Additionally, it serves as a building block in the synthesis of heterocyclic compounds for use in medicinal chemistry research.