Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and analgesic compounds. Its structure supports the design of bioactive molecules that modulate enzyme activity, especially in cyclooxygenase (COX) inhibition pathways. Also employed in research for novel heterocyclic compounds with potential antimicrobial and antitumor properties. Commonly utilized in medicinal chemistry for scaffold modification to enhance drug potency and selectivity.