Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and central nervous system agents. Its structure allows for selective functionalization, making it valuable in constructing complex molecules. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to form biaryl systems. Also utilized in agrochemical research for designing novel pesticides and herbicides due to the presence of trifluoromethyl and bromo groups that enhance biological activity and metabolic stability.