Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of fluorinated organic molecules with biological activity. Its reactive aldehyde and ketone functional groups allow for facile derivatization, making it valuable in constructing heterocyclic systems such as oxazoles and imidazoles. Commonly employed in medicinal chemistry for building blocks in drug discovery programs targeting central nervous system disorders and inflammatory diseases. Also utilized in agrochemical research for designing novel active ingredients with improved metabolic stability due to the presence of fluorine.