Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of anticonvulsant drugs. It also serves as a building block in the preparation of hydantoin derivatives with potential antimicrobial and anti-inflammatory properties. Its phenolic structure allows for easy modification in drug design, making it valuable in medicinal chemistry research. Additionally, it has been explored in the development of antioxidants due to the presence of the hydroxyl group on the aromatic ring.