Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of sympathomimetic agents and adrenergic receptor agonists. It serves as a building block in the development of bronchodilators for treating asthma and other respiratory conditions. Its structural features allow for selective modification to enhance drug stability and receptor binding. Also employed in research settings for developing novel bioactive molecules and in the preparation of antioxidants due to the presence of the catechol moiety.