Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) with antifungal, anti-inflammatory, and antiviral properties. Its structure allows for easy functionalization, making it valuable in building complex organic molecules. Commonly employed in agrochemicals for the development of herbicides and pesticides due to its reactivity and stability. Also utilized in the preparation of fluorinated organic compounds, which are important in medicinal chemistry for enhancing metabolic stability and bioavailability. Frequently applied in research and development settings for creating novel compounds in drug discovery programs.