Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antitumor and antimicrobial agents. It serves as a building block in organic reactions where the chloroacetamide group is utilized for nucleophilic substitution, enabling the formation of amide or ether linkages. Its electron-donating methoxy groups enhance reactivity in electrophilic aromatic substitution, making it valuable in the preparation of more complex bioactive molecules. Commonly employed in research settings for designing kinase inhibitors and other therapeutic agents.