Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of non-steroidal anti-inflammatory drugs (NSAIDs) and analgesics. It also serves in the development of agrochemicals, including herbicides and plant growth regulators, due to its ability to enhance bioactivity when incorporated into larger molecules. Additionally, it finds use in research laboratories for constructing nitrogen-containing heterocyclic compounds, which are important in medicinal chemistry and drug discovery.