Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs). It serves as a building block in the creation of complex organic molecules, often contributing to the development of drugs with anti-inflammatory or analgesic properties. Additionally, it is employed in the research and development of new chemical entities, where its structural features are valuable for designing compounds with specific biological activities. In the field of organic chemistry, it is utilized in studies focusing on esterification and methoxylation reactions, aiding in the exploration of reaction mechanisms and optimization of synthetic pathways.