Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of central nervous system agents and selective enzyme inhibitors. Its structure allows for easy functionalization in multi-step organic reactions, making it valuable in medicinal chemistry for building complex molecules. Commonly employed in the preparation of tyrosine kinase inhibitors and other bioactive compounds where fluorine substitution enhances metabolic stability and binding affinity. Also utilized in agrochemical research for designing novel herbicides and pesticides with improved activity and environmental profiles.