Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of angiotensin II receptor antagonists for treating hypertension and cardiovascular diseases. Its fluorinated aromatic structure enhances metabolic stability and binding affinity in drug molecules. Also employed in the preparation of liquid crystal compounds for display technologies due to its rigid biphenyl core and polar functional groups. Serves as a building block in agrochemicals for creating herbicides and fungicides with improved efficacy and environmental persistence.