Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in reactions where selective functionalization is required. Its structure allows for directed ortho-metalation, making it valuable in the preparation of complex organic molecules. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to build biaryl systems. Also utilized in the development of fluorinated compounds for medicinal chemistry due to the presence of the fluorine atom, which can enhance metabolic stability and binding affinity.