Primarily used in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. It is particularly valuable in the development of anti-inflammatory and analgesic drugs, where its structure contributes to the efficacy of the final product. Additionally, it finds application in the synthesis of agrochemicals, aiding in the creation of herbicides and pesticides that target specific plant pathogens. Its role in research extends to the study of biochemical pathways, helping scientists understand mechanisms of action in medicinal chemistry.