Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of angiotensin II receptor antagonists for treating hypertension. Its fluorinated aromatic structure enhances binding affinity and metabolic stability in active drug compounds. Also employed in the preparation of liquid crystal materials for display technologies due to its rigid biphenyl core and electronic properties. The nitro group allows further functionalization, making it valuable in multi-step organic synthesis for agrochemicals and specialty chemicals.