Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nonsteroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building aromatic frameworks with fluorine substitution. Commonly employed in Suzuki and other cross-coupling reactions to construct biaryl systems. Also utilized in agrochemical research for designing novel active ingredients due to the enhanced metabolic stability provided by the fluorine atom.