This chemical is primarily used in the synthesis of pharmaceuticals, particularly in the development of analgesic and anti-inflammatory drugs. It acts as an intermediate in the production of compounds that target pain relief and inflammation reduction, with its structure enabling inhibition of enzymes involved in inflammatory processes. Additionally, it finds application in research settings for studying biochemical pathways related to pain and inflammation. Its role in the synthesis of specialized organic compounds also makes it valuable in the field of medicinal chemistry, where it contributes to the development of new therapeutic agents. Furthermore, it is under research for agricultural applications as a plant growth regulator, helping to improve yield and quality of certain crops.