Used as an intermediate in the synthesis of nonsteroidal anti-inflammatory drugs (NSAIDs), particularly in the production of dexibuprofen and related derivatives. It serves as a key building block in medicinal chemistry due to its functional groups that allow for further chemical modifications. Also employed in the development of agrochemicals and dyes where aromatic amino acids act as precursors. Its structural properties make it suitable for use in heterocyclic synthesis and in the preparation of biologically active compounds.