Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. Its structure allows for selective binding in bioactive molecules, making it valuable in creating serotonin and dopamine receptor modulators. Also employed in the preparation of agrochemicals, where it contributes to the stability and efficacy of certain herbicides and pesticides. Additionally, it serves in organic synthesis for introducing fluorinated aromatic moieties, enhancing metabolic stability in drug candidates.