This compound is primarily utilized in organic synthesis as an intermediate for the production of more complex chemical structures. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic effects. Its unique structure allows it to serve as a building block for creating molecules that may exhibit biological activity, such as those targeting neurological or inflammatory pathways. Additionally, it can be used in research settings to study chemical reactions and mechanisms, aiding in the discovery of new drugs or materials. Its methoxy groups make it a valuable precursor in the synthesis of fine chemicals and specialty compounds.