Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and central nervous system (CNS) active compounds. Its structure supports binding to specific enzyme targets involved in pain and neurodegenerative pathways. Commonly employed in research settings to design analogs with improved bioavailability and selectivity. Also utilized in medicinal chemistry for structure-activity relationship (SAR) studies due to its rigid aromatic core and hydrogen bonding motifs.