This compound is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and bioactive molecules. It serves as a key building block in the development of compounds with potential therapeutic applications, particularly in the field of medicinal chemistry. Its structure allows for further functionalization, making it valuable in the synthesis of benzamide derivatives, which are often explored for their biological activities, including anti-inflammatory, analgesic, and antimicrobial properties. Additionally, it is used in research settings to study structure-activity relationships and to develop novel drug candidates targeting specific biological pathways.