Used primarily as an intermediate in the synthesis of pharmaceuticals, particularly in the production of anti-inflammatory and analgesic drugs. It plays a key role in the development of non-steroidal anti-inflammatory drugs (NSAIDs), contributing to their efficacy in reducing pain and inflammation. Additionally, it is utilized in research and development for creating novel therapeutic agents targeting various inflammatory conditions. Its chemical structure allows it to interact effectively with biological pathways, making it valuable in medicinal chemistry.