Used in the synthesis of pharmaceutical intermediates, particularly in the development of fluorinated organic compounds where the fluorine atom enhances metabolic stability and bioavailability. Commonly employed in the preparation of active pharmaceutical ingredients (APIs) requiring specific aromatic substitutions. Also utilized as a building block in agrochemicals and specialty fine chemicals due to its reactive benzyl and fluorinated aromatic functionalities. Its acetate group allows for easy deprotection or further functionalization in multi-step organic syntheses.