Used in pharmaceutical research as a key intermediate for synthesizing bioactive compounds, particularly in the development of drugs targeting neurological disorders and cancer. Its trifluoromethyl group enhances metabolic stability and bioavailability, making it valuable in medicinal chemistry. Also employed in agrochemical research for creating novel pesticides and herbicides due to its unique structural properties. Additionally, it serves as a building block in organic synthesis for constructing complex heterocyclic compounds.