Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of antimicrobial and antiviral agents. Shows potential in the design of kinase inhibitors due to its structural affinity for enzyme active sites. Also employed in the study of central nervous system disorders, where its derivatives demonstrate modulatory effects on neurotransmitter receptors. Commonly utilized in medicinal chemistry for scaffold modification to enhance drug potency and selectivity.