Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of certain anti-inflammatory and analgesic agents. It plays a role in constructing more complex molecules due to its functional carboxylic acid group and aromatic structure, enabling coupling reactions and derivatization. Also utilized in research settings for developing compounds with potential biological activity, including central nervous system agents and enzyme inhibitors. Its chloro and methoxy substituents make it suitable for further electrophilic or nucleophilic substitutions in medicinal chemistry pathways.