Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating compounds with antiviral, anticancer, or anti-inflammatory properties. Commonly employed in agrochemical research as well, serving as a building block for herbicides and plant growth regulators. The chlorine and methoxy groups enable efficient coupling reactions, facilitating rapid diversification in drug discovery programs.