Used as an intermediate in the synthesis of nonsteroidal anti-inflammatory drugs (NSAIDs), particularly in the production of indomethacin and related compounds. It plays a key role in pharmaceutical manufacturing due to its ability to form biologically active molecules with analgesic and antipyretic properties. The compound is also utilized in research settings for developing new derivatives with potential therapeutic effects. Its carboxylic acid and amide functional groups allow for diverse chemical modifications, making it valuable in medicinal chemistry.