What are the main uses of 1,2-benzoxazol-3-ylmethanesulfonic acid; sodium salt (CAS: 73101-64-1)?

This compound is primarily utilized in pharmaceuticals for drug development and as a key intermediate in the synthesis of bioactive molecules. It also finds applications in industrial processes, such as dye manufacturing, and in research for studying chemical reactivity. Its sulfonic acid group makes it valuable in creating compounds with specific binding or catalytic properties.