Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It plays a role in the production of compounds targeting neurological disorders, such as antidepressants and antipsychotics. Additionally, it is utilized in organic chemistry research for the creation of complex molecules with potential therapeutic applications. Its methoxymethyl group contributes to the stability and reactivity of the final compounds, making it valuable in drug discovery and development processes.