Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and antidepressants. Its structure allows for selective modification in drug design, enhancing bioavailability and binding affinity. Also employed in agrochemicals for creating novel pesticides due to the stability imparted by the trifluoromethyl group. The bromine functionality enables further coupling reactions, making it valuable in cross-coupling processes for building complex molecules.