Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of anti-inflammatory and cardiovascular drugs. It also serves in agrochemical formulations, aiding in the development of herbicides due to its ability to mimic plant growth regulators. The compound's fluorinated aromatic structure enhances metabolic stability, making it valuable in medicinal chemistry for optimizing drug candidates. Additionally, it is employed in research settings for developing chiral molecules, as it can be resolved into enantiomers useful in asymmetric synthesis.