Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system (CNS) agents and antidepressants. Its structure allows for selective binding and modification in drug design, making it valuable in creating compounds with enhanced bioavailability and receptor specificity. Commonly employed in the preparation of fluorinated analogs to improve metabolic stability in medicinal chemistry. Also utilized in agrochemical research for developing novel pesticides with improved efficacy and environmental profiles.