Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated compounds with enhanced biological activity. Its structure allows for selective functionalization in multi-step organic reactions, making it valuable in medicinal chemistry for building complex molecules. Commonly employed in cross-coupling reactions to form carbon-carbon bonds, it helps introduce aromatic and ester functionalities into target compounds. Also utilized in the preparation of bioactive molecules such as kinase inhibitors and anti-inflammatory agents.