This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of complex molecules. Its unique structure allows it to participate in various chemical reactions, making it valuable for constructing pharmacologically active compounds. Researchers often employ it in the synthesis of potential drug candidates, particularly those targeting specific enzymes or receptors due to its ability to interact with biological systems. Additionally, its trifluoromethyl group enhances its stability and bioavailability, making it a preferred choice in medicinal chemistry for designing molecules with improved therapeutic properties.