Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs. Its unique structure allows it to be incorporated into molecules that target specific biological pathways, making it valuable in medicinal chemistry. Additionally, it is utilized in the development of agrochemicals, where it contributes to the creation of pesticides and herbicides. The presence of both ethoxy and fluoro groups enhances its reactivity, enabling efficient modifications during chemical synthesis. Its applications extend to research laboratories, where it is employed in the study of organic reactions and the development of new chemical entities.