Used as an intermediate in the synthesis of natural products and bioactive molecules, particularly in the preparation of lignans and neolignans which exhibit antioxidant and anticancer properties. It serves as a building block in organic synthesis due to the presence of aldehyde and ether functionalities, allowing for transformations such as Wittig reactions, reductions, and cross-coupling reactions. Commonly employed in the pharmaceutical and agrochemical industries for constructing complex aromatic frameworks. Also utilized in the development of fragrances and flavoring agents owing to its aromatic character and structural features.