Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs) where the trifluoromethyl and fluoro groups enhance metabolic stability and bioavailability. Its ester functionality allows for further chemical modifications, making it valuable in medicinal chemistry for constructing complex molecules. Also employed in agrochemical research for designing novel pesticides and herbicides due to the favorable electronic and lipophilic properties imparted by the halogen substituents. Commonly utilized in Suzuki and other cross-coupling reactions to build biaryl structures in drug discovery programs.