Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and central nervous system agents. Its structure allows for the construction of nitrogen-containing heterocycles, which are common motifs in drug molecules. Also employed in the preparation of agrochemicals and fluorescent dyes due to its reactive aldehyde and amine functional groups. The trifluoromethyl group enhances metabolic stability and lipophilicity, making it valuable in medicinal chemistry for improving drug bioavailability.