Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports binding to specific enzyme active sites, enhancing selectivity and potency. Also employed in agrochemical research for designing novel pesticides due to the stability and bioavailability imparted by the trifluoromethyl group. The carboxylic acid functionality allows for easy derivatization, enabling the formation of amides, esters, and other functional groups critical in drug design and optimization.