Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. It serves as a building block in the development of bioactive molecules due to the presence of both amine and ether functionalities, which allow for further chemical modifications. Its chloro and benzyloxy groups provide sites for cross-coupling reactions, making it valuable in medicinal chemistry for constructing complex drug scaffolds. Also employed in the preparation of agrochemicals and functional dyes where aromatic amines are required.