Used primarily in the synthesis of bioactive compounds, this chemical serves as an intermediate in developing pharmaceuticals with anti-inflammatory and metabolic regulatory properties. Its structure supports targeted delivery in prodrug formulations, enhancing cellular uptake in tissue-specific treatments. It is also employed in research settings to study lipid metabolism and enzyme inhibition, particularly in pathways involving fatty acid oxidation. Additionally, it finds use in dermatological formulations for its stabilizing effect on active ingredients in topical treatments.