Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of protease inhibitors and antiviral agents. Its unique structure with fluorine atoms and hydroxyl-ester functionality allows for selective transformations in organic synthesis, enabling the construction of complex bioactive molecules. Commonly employed in asymmetric synthesis to introduce chiral centers due to its ability to undergo stereoselective reactions. Also utilized in the preparation of specialty agrochemicals where fluorine substitution enhances metabolic stability and bioavailability.