Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of drugs targeting the central nervous system, where its structural properties facilitate interactions with specific receptors. Additionally, it is employed in research settings for the creation of novel compounds with potential therapeutic effects, especially in the areas of mental health and neurological disorders. Its trifluoromethyl group enhances the metabolic stability and bioavailability of the resulting drugs, making it a crucial component in medicinal chemistry.