Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of anti-inflammatory and analgesic agents. Its structure allows for further functionalization, making it valuable in creating active pharmaceutical ingredients (APIs) with targeted biological activity. Commonly employed in organic synthesis to build complex molecules due to the presence of both ketone and carboxylic acid functional groups, enabling diverse reaction pathways. Also utilized in research settings for designing novel drug candidates and studying structure-activity relationships in medicinal chemistry.