Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block for compounds that interact with benzodiazepine receptors, contributing to central nervous system modulation. Also employed in the preparation of kinase inhibitors and antimicrobial agents. Its scaffold is valued in medicinal chemistry for enhancing drug-like properties such as solubility and metabolic stability. Widely utilized in research for designing novel bioactive molecules and in high-throughput screening assays for drug discovery.