Used as a key intermediate in the synthesis of fluorinated pharmaceuticals and agrochemicals, particularly in the development of herbicides and fungicides. Its structure allows for further functionalization, making it valuable in creating bioactive molecules with enhanced metabolic stability and lipophilicity. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to the presence of halogen and ester functionalities. Also utilized in the preparation of selective enzyme inhibitors and receptor ligands in research settings.