Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly kinase inhibitors. Shows potential in the development of anticancer agents due to its ability to modulate signaling pathways involved in cell proliferation. Also explored for its role in central nervous system drug discovery, given its structural affinity for neurotransmitter receptors. Commonly employed in structure-activity relationship (SAR) studies to optimize potency and selectivity in drug candidates.