Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive compounds. Its structure supports the development of molecules with enhanced metabolic stability and target specificity. Commonly employed in medicinal chemistry for constructing heterocyclic frameworks that exhibit antimicrobial, antifungal, and anticancer activities. Also utilized in agrochemicals for developing novel pesticides and herbicides due to its favorable reactivity and ability to form stable derivatives.