This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of more complex drug molecules. Its structure is particularly valuable in the development of medications targeting central nervous system disorders. The presence of the ethoxy and methoxy groups enhances its ability to interact with specific receptors in the brain, making it a key component in the production of drugs aimed at treating conditions like depression, anxiety, and chronic pain. Additionally, its methylsulfonyl group contributes to the stability and bioavailability of the final drug product, ensuring effective delivery and action within the body. Researchers also explore its potential in creating anti-inflammatory and immunomodulatory agents, leveraging its unique chemical properties to develop new therapeutic options.