Used primarily as an intermediate in the synthesis of non-steroidal anti-inflammatory drugs (NSAIDs), this compound plays a key role in pharmaceutical development due to its ability to modulate biological activity in targeted therapeutic agents. Its structure supports enhanced metabolic stability and binding affinity, making it valuable in optimizing drug efficacy. It is also employed in research settings for structure-activity relationship (SAR) studies, helping refine the design of new anti-inflammatory and analgesic compounds.