This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). Its structure, featuring a trifluoromethyl group and a methoxy substituent, makes it valuable in the development of drugs targeting specific biological pathways. It is often employed in the production of anti-inflammatory and analgesic medications, where its unique chemical properties contribute to the efficacy and stability of the final drug product. Additionally, its biphenyl core structure is useful in the design of compounds that interact with enzymes or receptors, making it a key building block in medicinal chemistry research.