Used in pharmaceutical development as a key intermediate in the synthesis of bioactive molecules, particularly in the creation of antiviral and anti-inflammatory agents. Its electron-withdrawing trifluoromethoxy group enhances metabolic stability and membrane permeability in drug candidates. Also employed in agrochemicals to improve the potency and environmental resistance of certain pesticides. Commonly utilized in research settings for structure-activity relationship (SAR) studies due to its ability to modulate lipophilicity and binding affinity in heterocyclic compounds.