Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in building complex organic molecules. Commonly employed in the development of fluorinated compounds, which often exhibit enhanced biological activity, metabolic stability, and lipophilicity. It is also utilized in the preparation of bioactive molecules targeting central nervous system disorders and anti-inflammatory agents. Its reactivity makes it suitable for use in catalytic transformations and cross-coupling reactions in medicinal chemistry research.