This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target inflammatory and pain-related conditions. Its structure allows for further chemical modifications, making it valuable in the development of new therapeutic agents. Additionally, it is used in research laboratories to study the structure-activity relationships of similar compounds, aiding in the discovery of more effective medications. Its application extends to the preparation of specialized reagents that are essential in organic synthesis processes.