Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) where the dioxane ring acts as a stabilizing moiety. Its carboxylic acid group allows for easy functionalization, making it valuable in constructing complex drug molecules. Commonly employed in the development of central nervous system agents and anti-inflammatory compounds. Also utilized in agrochemical synthesis for creating herbicides and plant growth regulators due to its solubility and stability in aqueous-organic reaction systems.