Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its nitro and carboxylic acid functional groups allow for further chemical transformations, such as reductions and coupling reactions, making it valuable in building complex molecules. The presence of fluorine enhances metabolic stability and bioavailability in drug candidates, so this compound is often employed in medicinal chemistry for designing active ingredients with improved pharmacokinetic properties.