This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly as an intermediate in the production of non-steroidal anti-inflammatory drugs (NSAIDs) and other therapeutic agents. Its structure allows it to be a key building block in creating molecules with anti-inflammatory, analgesic, and antipyretic properties. Additionally, it finds application in organic research for developing novel chemical entities with potential biological activities. Its role in medicinal chemistry is significant, as it contributes to the development of new drugs targeting various diseases.