This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting the central nervous system (CNS), where it can be incorporated into molecules designed to modulate neurotransmitter activity. Additionally, it finds application in the preparation of compounds with potential anti-inflammatory or analgesic properties. The presence of both methoxy and tetrahydro-2H-pyran groups in its structure allows for versatile chemical modifications, making it a useful building block in medicinal chemistry for optimizing drug efficacy and selectivity.