Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It plays a role in the production of drugs targeting neurological disorders, such as Parkinson's disease, as the derived compounds can interact with specific receptors in the brain due to structural features from this intermediate. Additionally, it is utilized in organic chemistry research to create complex molecules for studying biochemical pathways and drug interactions. Its methoxy groups make it a valuable building block for designing compounds with enhanced bioavailability and stability.