Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure allows for participation in coupling reactions and cyclization processes, making it valuable in constructing bioactive molecules. Commonly employed in the synthesis of analgesic and anti-inflammatory agents due to the presence of the methoxyphenyl moiety, which is often associated with such biological activities. Also utilized in the preparation of novel amide-based compounds for screening in drug discovery programs.