Used as a chelating agent in analytical chemistry for the detection and separation of metal ions, particularly aluminum and beryllium, due to its ability to form stable fluorescent complexes. Also employed in the synthesis of pharmaceutical intermediates and as a building block in the development of antimicrobial and antifungal agents. Its fluorinated structure enhances membrane permeability, making it useful in medicinal chemistry for designing bioactive molecules. Additionally, it serves as a ligand in catalytic systems and in materials science for preparing luminescent metal-organic frameworks.