Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of agrochemicals and active pharmaceutical ingredients (APIs) where fluorine substitution enhances metabolic stability and bioavailability. Its hydroxyl and fluorinated aromatic groups allow for further functionalization, making it valuable in building complex molecules in medicinal chemistry. Commonly employed in coupling reactions and as a building block in the preparation of herbicides and fungicides due to the electron-withdrawing effects of fluorine atoms improving compound efficacy.