Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. Its structure supports the introduction of fluorine into bioactive molecules, enhancing metabolic stability and binding affinity. Also employed in the preparation of agrochemicals, where the ester and amino functionalities allow for further derivatization into herbicides and fungicides. The compound's aromatic framework with defined substitution pattern makes it valuable in medicinal chemistry for structure-activity relationship (SAR) studies.