Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It plays a role in the creation of molecules that target specific biological pathways, such as enzyme inhibition or receptor modulation. Additionally, it is utilized in research settings for the preparation of novel chemical entities in drug discovery programs. Its trifluoromethoxy group enhances the stability and bioavailability of the resulting compounds, making it valuable in medicinal chemistry.