Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form hydrogen bonds and engage in π-π stacking interactions, enhancing binding affinity to biological targets. Also employed in the preparation of antiviral and anti-inflammatory compounds. Its structural features make it valuable in optimizing drug-like properties such as solubility and metabolic stability.