Used as an intermediate in the synthesis of various pharmaceutical compounds, particularly in the development of drugs targeting inflammation and metabolic disorders. It plays a role in organic synthesis, contributing to the creation of complex molecules with potential therapeutic applications. Additionally, it is utilized in research to study furan derivatives and their chemical properties, aiding in the development of new materials and bioactive compounds. Its methoxycarbonyl group makes it a valuable building block in medicinal chemistry for designing and optimizing drug candidates.