Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antifungal and antiviral agents. Its structural features allow for selective derivatization, making it valuable in medicinal chemistry for building chiral molecules. Also employed in the preparation of liquid crystal compounds for display technologies due to its rigid aromatic framework and polarity. Its fluorinated groups enhance metabolic stability and binding affinity in bioactive molecules, which is advantageous in drug design.