Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of anti-inflammatory and analgesic agents. Its structure supports binding to specific enzyme targets involved in pain and inflammation pathways. Commonly employed in research settings to design derivatives with improved bioavailability and selectivity. Also utilized in agrochemical studies for developing new herbicides due to its ability to interfere with plant growth regulation. Shows potential in medicinal chemistry for creating novel furan-based therapeutics with enhanced metabolic stability.