Used as a key intermediate in the synthesis of anticoagulant drugs, particularly in the production of novel coumarin-based derivatives with enhanced biological activity. Its structural features support improved metabolic stability and target specificity in pharmaceutical formulations. Also investigated for use in agrochemicals due to its ability to modulate enzyme activity in pest species. Shows potential in research settings for developing fluorescent probes, leveraging the inherent photophysical properties of the coumarin core for bioimaging applications.