This chemical is primarily used in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of non-steroidal anti-inflammatory drugs (NSAIDs), particularly those belonging to the fenamate class, which are effective in reducing pain and inflammation. Additionally, it is utilized in organic chemistry research for the development of novel compounds with potential therapeutic properties. Its structure allows for further functionalization, making it valuable in the design and synthesis of new drug candidates and bioactive molecules.