This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as an intermediate in the production of drugs, particularly those targeting inflammation and pain relief. Its structure allows it to be a key building block in creating molecules with specific therapeutic effects. Additionally, it is used in research and development for designing new active pharmaceutical ingredients (APIs) with improved efficacy and safety profiles. In industrial applications, it may also be employed in the manufacture of fine chemicals and specialty materials, contributing to advancements in organic synthesis and material science.