Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and anti-inflammatory agents. Its structure supports the creation of bioactive molecules due to the presence of both methoxy and carboxylic acid functional groups, which enhance binding selectivity and metabolic stability. Commonly employed in medicinal chemistry for constructing heterocyclic compounds with potential neurological and immunological activity. Also utilized in agrochemical research for designing new crop protection agents owing to its favorable reactivity and derivatization potential.