Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where the iodine allows for further functionalization via cross-coupling reactions. Its difluoro substitution pattern enhances metabolic stability and membrane permeability in bioactive molecules. Commonly employed in the preparation of kinase inhibitors and other targeted therapies. Also utilized in agrochemical research for designing novel active ingredients with improved environmental persistence and efficacy. The phenolic group enables easy derivatization for building complex molecular architectures.