This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring a trifluoromethyl group and a methoxyphenyl moiety, makes it valuable for developing compounds with potential biological activity. It is often employed in the creation of ligands that target specific receptors in the central nervous system, contributing to the development of drugs for neurological disorders. Additionally, its unique chemical properties are leveraged in organic synthesis to introduce fluorinated groups into complex molecules, enhancing their stability and bioavailability. Researchers also explore its use in the design of novel therapeutic agents for conditions such as depression, anxiety, and pain management.