Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of kinase inhibitors. Shows potential in studies related to cardiovascular diseases due to its structural affinity with adrenergic and calcium channel modulators. Also explored for its role in central nervous system agents, including antidepressants and antipsychotics, owing to its ability to cross the blood-brain barrier and interact with neural receptors. Frequently employed in structure-activity relationship (SAR) studies to optimize drug candidates targeting inflammation and neurodegenerative disorders.