This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of analgesics and anti-inflammatory drugs, where its structural properties enable the creation of molecules with targeted therapeutic effects. Additionally, it is employed in organic synthesis research to explore novel chemical reactions and pathways, contributing to advancements in medicinal chemistry. Its role in the preparation of fluorine-containing compounds is also notable, as such compounds often exhibit enhanced biological activity and stability.