Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of anticoagulant and anti-inflammatory agents. It serves as a building block for introducing chlorinated aromatic motifs into more complex molecules, enhancing structural diversity in drug development. Also utilized in the preparation of agrochemicals and fine chemicals due to its reactive ketone and ester functionalities, which allow further chemical modifications. Its stability and reactivity profile make it suitable for use in multi-step organic syntheses under controlled conditions.