Used as an intermediate in the synthesis of anticoagulant drugs, particularly in the production of coumarin-based derivatives that exhibit blood-thinning properties. It plays a key role in pharmaceutical research for developing compounds with improved metabolic stability and therapeutic activity. Also utilized in the preparation of biologically active molecules for studying enzyme inhibition, especially in relation to vitamin K epoxide reductase. Its structural features make it valuable in medicinal chemistry for optimizing drug candidates targeting thrombosis and related cardiovascular conditions.