Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports further functionalization for creating derivatives with potential neuroprotective or cognitive-enhancing properties. Commonly employed in medicinal chemistry research for constructing benzoxazine-based scaffolds that show activity in neurological and psychiatric disorder models. Also utilized in the preparation of selective enzyme inhibitors due to its ability to interact with biological targets such as kinases and oxidoreductases. Its ester functionality allows for easy modification, making it valuable in combinatorial chemistry and drug discovery pipelines.