This compound is primarily utilized in organic synthesis as a building block for more complex molecules. Its structure, featuring both carboxylic acid groups and a fluorine atom, makes it a versatile intermediate in the development of pharmaceuticals and agrochemicals. The fluorine atom enhances the molecule's stability and bioavailability, which is crucial in drug design. Additionally, the biphenyl core allows for the creation of rigid, planar structures, which are often desirable in the synthesis of active pharmaceutical ingredients (APIs) targeting specific biological pathways. It is also explored in material science for the development of organic semiconductors and liquid crystals due to its ability to influence electronic properties and molecular alignment.