Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system (CNS) active agents. Its structure allows for efficient introduction of fluorinated aromatic components, enhancing metabolic stability and bioavailability in final drug compounds. Also employed in the development of agrochemicals due to its reactivity in coupling reactions and ability to improve lipophilicity in active ingredients. Commonly utilized in research settings for building fluorinated organic molecules with tailored biological activity.