Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antifungal and antiparasitic agents. Its structure supports enhanced metabolic stability and bioavailability, making it valuable in medicinal chemistry. Also employed in agrochemicals for crop protection due to its ability to disrupt pest enzyme systems. The compound's trifluoromethyl group contributes to lipophilicity and electron-withdrawing effects, improving membrane permeability and target binding in biologically active molecules.