Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly in the development of kinase inhibitors and anti-inflammatory agents. Shows potential in medicinal chemistry for designing compounds with neuroprotective and anticancer properties. Also employed in the study of central nervous system disorders due to its structural affinity with dopamine receptor ligands. Commonly utilized in structure-activity relationship (SAR) studies to optimize drug candidates targeting neurological and oncological pathways.