Used primarily in pharmaceutical research and development, it serves as a key intermediate in the synthesis of various bioactive compounds. Its structure is valuable in creating molecules with potential therapeutic effects, particularly in the development of drugs targeting neurological disorders and cancer. Additionally, it is utilized in organic synthesis to introduce fluorinated moieties, enhancing the stability and bioavailability of drug candidates. Its applications also extend to material science, where it contributes to the design of advanced polymers and specialty chemicals.