Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug compounds where the presence of both amino and hydroxyl groups allows for versatile chemical modifications. Commonly employed in the production of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. Also utilized in the preparation of dyes and fluorescent probes due to its aromatic structure and substituent reactivity. Its fluorine content enhances metabolic stability in active compounds, making it valuable in medicinal chemistry for improving drug half-life and bioavailability.