Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate. Its structure allows for the introduction of fluorine and nitro groups into complex molecules, enhancing their biological activity. It is particularly valuable in the development of herbicides and fungicides, where the nitro group aids in binding to target enzymes. Additionally, it finds application in organic synthesis for creating heterocyclic compounds, which are crucial in drug discovery. Its reactivity makes it a versatile building block in medicinal chemistry for designing molecules with specific therapeutic properties.