Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active ingredients for central nervous system (CNS) drugs. Its structure supports the creation of compounds with neuroactive properties, making it valuable in medicinal chemistry. Also employed in the preparation of specialty agrochemicals due to its stability and reactivity in coupling reactions. Commonly utilized in research settings for building fluorinated organic molecules, where the trifluoromethyl group enhances metabolic stability and lipophilicity.