Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It plays a role in the production of compounds with potential therapeutic effects, such as anti-inflammatory or antimicrobial agents. Additionally, it is utilized in agrochemical research for creating pesticides or herbicides due to its chemical structure, which can be modified to enhance biological activity. Its fluorine and hydroxyl groups make it a versatile building block in organic synthesis, enabling the creation of complex molecules for various industrial applications.