Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where enhanced metabolic stability and bioavailability are desired. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating analogs in central nervous system agents and anti-inflammatory compounds. Also employed in agrochemical research for designing novel pesticides with improved activity and environmental profiles. The presence of fluorine atoms influences lipophilicity and binding affinity, which are critical in optimizing lead compounds during drug discovery.