Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, this compound enables the introduction of fluorinated and iodinated aromatic moieties into larger molecules. Its reactivity as an acyl chloride allows it to form amide or ester linkages, making it valuable in constructing complex organic molecules. The presence of both fluorine and iodine atoms offers sites for further functionalization via cross-coupling reactions, particularly useful in drug development and in the preparation of radiolabeled compounds for medical imaging.