Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of selective kinase inhibitors. Its fluorine atoms enhance metabolic stability and binding affinity in drug molecules. Commonly employed in the preparation of active pharmaceutical ingredients (APIs) for oncology and central nervous system disorders. Also utilized in agrochemicals to improve bioavailability and environmental stability of crop protection agents. The methoxy and hydroxyl groups allow further functionalization, making it valuable in medicinal chemistry for structure-activity relationship (SAR) studies.