Used as an intermediate in the synthesis of pharmaceutical compounds, 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 stable amide bonds and participate in hydrogen bonding, enhancing binding affinity to target proteins. Also utilized in the preparation of bioactive molecules with anti-inflammatory and antimicrobial properties. Its furan and aromatic moieties contribute to improved pharmacokinetic profiles in drug candidates.