This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of nonsteroidal anti-inflammatory drugs (NSAIDs). It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) that target pain relief and inflammation management. Additionally, it is employed in research settings for the creation of novel therapeutic agents, especially those aimed at modulating inflammatory pathways. Its structural properties make it valuable in organic synthesis for constructing complex molecules with potential medicinal applications.