Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system (CNS) drugs and anti-inflammatory agents. Its structure allows for selective functionalization, making it valuable in creating complex organic molecules. Commonly employed in cross-coupling reactions and as a building block in medicinal chemistry for introducing fluorinated aromatic motifs, which can enhance metabolic stability and bioavailability. Also utilized in the preparation of agrochemicals and specialty materials where fluorinated compounds improve performance characteristics.