Used primarily as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure supports the formation of nitrogen-containing heterocycles, which are common motifs in bioactive molecules. It serves in the preparation of receptor ligands and enzyme inhibitors due to the presence of amine and aromatic functionalities. Also employed in the synthesis of functionalized furan derivatives, which exhibit antimicrobial and anti-inflammatory activities. Its benzyl and methoxy groups enhance solubility and binding affinity in drug design contexts.