Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules and agrochemicals. Its fluorinated aromatic structure enhances metabolic stability and lipophilicity, making it valuable in medicinal chemistry for optimizing drug candidates. Also employed in the preparation of chiral building blocks for asymmetric synthesis. The compound's unique electronic and steric properties support its use in catalyst design and as a ligand precursor in metal-catalyzed reactions.