Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals. Its structure allows for selective functionalization in cross-coupling reactions, making it valuable in the development of bioactive molecules. Commonly employed in the preparation of kinase inhibitors and other therapeutic agents where fluorine substitution enhances metabolic stability and binding affinity. Also utilized in the design of novel pesticides due to improved lipophilicity and membrane permeability imparted by the trifluoromethyl and fluoroaryl groups.