Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents and anti-inflammatory drugs. Its structure allows for selective binding in biologically active molecules, making it valuable in medicinal chemistry for optimizing drug potency and metabolic stability. Commonly employed in the preparation of fluorinated analogs to enhance bioavailability and receptor affinity. Also utilized in agrochemicals for the design of herbicides and pesticides due to its ability to improve compound persistence and target specificity.