This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of antifungal agents, particularly those targeting fungal infections caused by Candida and Aspergillus species. Its unique fluorinated structure enhances the bioavailability and stability of the resulting drugs, making it a valuable component in medicinal chemistry. Additionally, it is employed in research settings for the development of novel fluorinated compounds, which are increasingly important in drug discovery due to their improved metabolic stability and binding affinity.