This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs targeting specific medical conditions, particularly those related to inflammation and pain management. Its structure allows for further chemical modifications, making it valuable in the development of active pharmaceutical ingredients (APIs). Additionally, it is employed in research settings to study its potential therapeutic effects and to explore novel drug candidates. Its application extends to the field of medicinal chemistry, where it contributes to the design and optimization of molecules with improved efficacy and safety profiles.