Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of fluorinated active pharmaceutical ingredients (APIs). Its structure allows for further functionalization, making it valuable in constructing complex molecules with enhanced metabolic stability and bioavailability. Commonly employed in the preparation of antidiabetic and anti-inflammatory compounds due to the presence of fluorine atoms and reactive carbonyl and ester groups. Also utilized in research settings for generating analogs in structure-activity relationship (SAR) studies.