Used primarily as an intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and analgesic drugs. Its structure supports the modulation of biological activity in active pharmaceutical ingredients, especially those targeting pain and inflammation pathways. The compound's stability and reactivity make it suitable for use in multi-step organic syntheses where selective functionalization is required. It is also employed in the preparation of analogs for structure-activity relationship (SAR) studies during drug discovery.