Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of anti-inflammatory and central nervous system agents. Its oxime and dione functional groups allow for selective derivatization, enabling the formation of oxadiazoles and other heterocyclic scaffolds common in drug design. Also employed in agrochemical research for creating novel herbicides with improved environmental stability due to fluorine substitution. Its unique electronic properties make it suitable for use in organic electronic materials research, especially in developing fluorinated semiconducting compounds.