This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of more complex molecules. Its structure, featuring difluoro and biphenyl groups, makes it a valuable building block for developing drugs with specific biological activities. It is often employed in the creation of anti-inflammatory and analgesic agents, where the difluoro substitution can enhance binding affinity to target proteins. Additionally, its oxobutanoic acid moiety is useful in designing prodrugs, which can improve drug delivery and bioavailability. Researchers also explore its potential in developing treatments for conditions like arthritis and other inflammatory diseases due to its ability to modulate key biochemical pathways.