Although the Ugi multicomponent reaction is more than 40 years old, there is still room for its application to the discovery of new multicomponent transformations, even within the constraints of its classic four‐reactant menu (aldehyde, amine, carboxylic acid, and isocyanide). Replacement of a primary amine with a secondary one thus allows the Mumm‐like rearrangement step to be avoided, freezing the reaction course at the stage of an imino‐anhydride intermediate susceptible to alternative nucleophilic trapping. Mainstream post‐transformation strategies can then add a further level of complexity. The potential of this approach to expedite access to molecular scaffolds of biological relevance and to create unprecedented chemical diversity is outlined. The decade‐long development of modified Ugi reactions that use secondary rather than primary amines is summarized, highlighting the potential of this strategy to generate unprecedented chemical diversity and to provide shortcuts to various classes of nitrogen compounds (polyamines, heterocycles) of recognized value in biomedical research.