Used as an intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building complex aromatic compounds with enhanced metabolic stability. Also employed in the preparation of fluorinated building blocks for agrochemicals and specialty polymers due to its reactivity and ability to influence electronic properties in aromatic systems.