Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and antiviral compounds. Its aromatic and carboxylic functionality allows for easy derivatization, making it valuable in medicinal chemistry for building bioactive molecules. Commonly employed in coupling reactions to form esters and amides for drug discovery research. Also utilized in the preparation of heterocyclic compounds with potential neurological activity. Its trifluoromethoxy group enhances metabolic stability and lipophilicity, beneficial for improving drug bioavailability.