Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, such as depression and anxiety. Additionally, it is explored for its potential in creating anti-inflammatory and anticancer agents. The trifluoromethyl group enhances the molecule's stability and bioavailability, making it a crucial component in medicinal chemistry. Researchers also investigate its role in developing agrochemicals, particularly in designing pesticides with improved efficacy and environmental safety.