Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) that require functionalized ester and ketone groups. Its structure allows for further chemical modifications, making it valuable in constructing complex molecules. Commonly employed in the development of anti-inflammatory and central nervous system agents. Also utilized in organic synthesis for building carbon chains with specific halogen and carbonyl functionalities. Suitable for research and development in medicinal chemistry due to its reactivity and versatility.