Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its functional groups allow for easy modification, making it valuable in constructing complex organic compounds. Commonly employed in research laboratories for designing new drug candidates and in the preparation of heterocyclic compounds. Also utilized in agrochemical synthesis for creating active ingredients in crop protection agents. Its structural features support high reactivity in coupling reactions, enabling efficient formation of amides and esters in medicinal chemistry applications.