Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective functionalization, making it valuable in creating biologically active molecules. Commonly employed in medicinal chemistry for constructing heterocyclic frameworks found in drug candidates. Also utilized in research settings to develop new neuroprotective agents and anti-inflammatory compounds. Its reactivity supports cross-coupling reactions, enabling efficient construction of complex molecules in drug discovery programs.