Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and analgesic drugs. Its structure supports the modulation of biological activity in medicinal chemistry, making it valuable in creating compounds that target specific enzyme pathways. Also employed in agrochemical research for designing new pesticides and herbicides due to its stability and reactivity profile. Commonly utilized in structure-activity relationship (SAR) studies to enhance drug potency and selectivity.