Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and anticancer compounds. Its structural framework supports activity in enzyme inhibition, especially in targeting kinases involved in cellular signaling pathways. Also employed in research settings for structure-activity relationship (SAR) studies due to its ability to interact with biological receptors through hydrogen bonding and hydrophobic interactions. Additionally, it serves as a building block in the preparation of bioactive heterocyclic derivatives for drug discovery programs.