Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system agents and anti-inflammatory drugs. Its structure allows for selective functionalization, making it valuable in creating complex organic molecules. Also employed in the preparation of agrochemicals and dyes due to its aromatic amine and hydroxyl functionalities. Its fluorinated aromatic ring enhances bioavailability and metabolic stability in drug design, improving pharmacokinetic properties.