Used primarily as an intermediate in the synthesis of pharmaceuticals, particularly in the production of non-steroidal anti-inflammatory drugs (NSAIDs). It plays a key role in the development of compounds that target pain relief and inflammation. Additionally, it is employed in organic synthesis for constructing complex molecules due to its reactive functional groups, which facilitate various chemical transformations. Its applications extend to research and development in medicinal chemistry, where it contributes to the discovery of new therapeutic agents.