Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of bioactive molecules and drug candidates. Its aldehyde functional group allows for easy modification through condensation or reduction reactions, making it valuable in constructing complex organic frameworks. Commonly employed in the preparation of heterocyclic compounds and as a building block in medicinal chemistry for designing compounds with potential anti-inflammatory, antimicrobial, or anticancer activity. Also utilized in fragrance and flavor synthesis due to its aromatic characteristics.