This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. It is particularly significant in the development of compounds with potential anti-inflammatory, analgesic, and psychotropic properties. Its unique structure allows it to interact with specific biological targets, making it valuable in the research and production of drugs aimed at treating conditions such as chronic pain, mental health disorders, and inflammatory diseases. Additionally, its hydroxyl and sulfonyl groups contribute to its reactivity, enabling further chemical modifications to enhance drug efficacy and stability. Researchers also explore its potential in creating novel drug delivery systems, improving bioavailability and patient outcomes.