Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of certain analgesic and anti-inflammatory drugs. It plays a key role in constructing complex molecules due to the presence of both amide and ester functional groups, which are common in bioactive compounds. Its methoxy and acetamido substituents make it valuable in medicinal chemistry for modifying drug potency and metabolic stability. Commonly employed in research settings for developing new therapeutic agents, especially in the field of central nervous system and pain management medications.