Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for the introduction of aromatic and fluorinated moieties, which can enhance metabolic stability and binding affinity in drug candidates. Commonly employed in medicinal chemistry for constructing complex molecules requiring a substituted phenylacetic acid scaffold. Also utilized in the development of agrochemicals due to the favorable electronic and lipophilic properties imparted by the chloro and trifluoromethyl groups.