Used in pharmaceutical synthesis as an intermediate for bioactive compounds, particularly in the development of antidiabetic and anti-inflammatory agents. Its trifluoromethyl group enhances metabolic stability and lipophilicity, making it valuable in medicinal chemistry for optimizing drug candidates. Also employed in the preparation of liquid crystals and organic semiconductors due to its rigid structure and electron-withdrawing properties. Commonly utilized in conjugation reactions, such as click chemistry and peptide coupling, for building complex molecular architectures.