Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of fluorinated active pharmaceutical ingredients (APIs) where the fluorine atom enhances metabolic stability and bioavailability. Its methoxy and alcohol functional groups allow for further chemical modifications, making it valuable in building complex drug molecules. Commonly employed in the development of central nervous system agents and anti-inflammatory compounds. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and environmental profiles.