Used in pharmaceutical research as a key intermediate for synthesizing compounds with potential therapeutic properties. It is particularly explored in the development of anti-inflammatory and antimicrobial agents. The trifluoromethyl group enhances the molecule's stability and bioavailability, making it valuable in drug discovery. Additionally, it is studied for its role in creating fluorescent probes for biological imaging, aiding in cellular and molecular studies. Its unique structure also makes it a candidate for materials science applications, such as organic electronics and optoelectronics.