Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It plays a key role in the production of compounds with potential anti-inflammatory, analgesic, or antimicrobial properties. Its structure allows for further chemical modifications, making it valuable in medicinal chemistry research. Additionally, it is employed in the preparation of agrochemicals, contributing to the development of pesticides or herbicides. Its application extends to organic synthesis, where it serves as a building block for complex molecules in various industrial processes.