Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. It also serves in the preparation of agrochemicals, dyes, and fluorescent probes due to its reactive amino and hydroxyl groups. Its fluorinated aromatic structure enhances binding selectivity in drug molecules, making it valuable in medicinal chemistry for optimizing pharmacokinetic properties.