Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system (CNS) drugs and anti-inflammatory agents. Its structure allows for selective functionalization, making it valuable in constructing complex molecules in medicinal chemistry. Also employed in the preparation of fluorinated analogs to improve metabolic stability and bioavailability in drug candidates. Additionally, it serves as a building block in agrochemicals for creating herbicides and fungicides with enhanced activity and environmental profiles.