This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting specific biochemical pathways, often in the creation of anti-inflammatory or analgesic medications. Additionally, it finds application in organic synthesis research, where it serves as a building block for more complex molecules. Its ethylsulfonyl and methoxy groups make it a versatile reagent in the preparation of compounds with potential therapeutic properties.