Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with anti-inflammatory, analgesic, and antipyretic properties. It plays a role in the production of selective COX-2 inhibitors and other heterocyclic compounds targeting central nervous system disorders. Its structure supports derivatization for use in agrochemicals, including pesticides and herbicides, due to its ability to enhance binding affinity and metabolic stability. Also employed in research for novel kinase inhibitors and antimicrobial agents.