This chemical is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of compounds that exhibit biological activity, such as inhibitors for specific enzymes or receptors. Its structure, featuring both a hydroxyl group and a nitrile group, allows for versatile chemical modifications, making it valuable in medicinal chemistry. Additionally, it is used in agrochemical research for creating novel pesticides or herbicides due to its ability to interact with biological targets in plants. Its fluorinated aromatic ring enhances its stability and reactivity, which is advantageous in various synthetic applications.