This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key building block in the production of various drugs, including anti-inflammatory medications and antimicrobial agents. Additionally, it is employed in organic synthesis for the preparation of complex molecules, where its fluorinated aromatic structure enhances the biological activity and stability of the final products. Its ester group also makes it a versatile reagent in chemical reactions, facilitating modifications to achieve desired pharmacological properties.