This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting anti-inflammatory and analgesic properties. It serves as a key intermediate in the development of active pharmaceutical ingredients (APIs) that are used in medications to alleviate pain and reduce inflammation. Additionally, it finds application in organic synthesis for the preparation of complex molecules, often contributing to the creation of novel compounds with potential therapeutic benefits. Its role in research and development is significant, aiding in the exploration of new drug candidates and the optimization of existing ones.