This chemical is primarily utilized in the synthesis of various pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of compounds that exhibit anti-inflammatory and analgesic properties. Additionally, it is employed in the creation of inhibitors targeting specific enzymes, which can be crucial in the treatment of diseases like cancer and autoimmune disorders. Its role in organic synthesis also extends to the preparation of complex molecules used in research and drug discovery, aiding in the exploration of new therapeutic agents.