Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where enhanced metabolic stability and bioavailability are desired. Its ester functionality allows for further chemical modifications, making it valuable in medicinal chemistry for building complex molecules. Also employed in agrochemical research for designing new active ingredients with improved efficacy and environmental profiles. The presence of fluorine atoms can influence lipophilicity and binding affinity, which are critical parameters in optimizing lead compounds.