Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various therapeutic agents. It is particularly valuable in the development of anti-inflammatory and analgesic drugs due to its structural properties that interact effectively with biological targets. Additionally, its incorporation into complex molecules enhances the efficacy and selectivity of drugs aimed at treating chronic pain and inflammatory conditions. The trifluoromethoxy group in its structure plays a crucial role in improving the metabolic stability and bioavailability of the resulting pharmaceutical compounds.