Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs). Its structure allows for selective bromination and functionalization, making it valuable in constructing complex molecules. Commonly employed in the preparation of antifungal agents and anti-inflammatory compounds due to its reactivity with nucleophiles and ability to form carbon-carbon bonds. Also utilized in research settings for the development of novel heterocyclic compounds. Handling requires caution due to its lachrymatory and irritant properties.