This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting various therapeutic areas, including anti-inflammatory and analgesic medications. Its unique structure allows for further chemical modifications, enabling the creation of more complex molecules with specific biological activities. Additionally, it finds application in organic synthesis research, where it is used to explore new chemical reactions and pathways, contributing to advancements in medicinal chemistry and drug discovery.