Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and central nervous system (CNS) active compounds. Its structure supports the design of molecules with enhanced metabolic stability and receptor selectivity. Commonly employed in medicinal chemistry for optimizing lead compounds due to the presence of trifluoromethyl and phenoxy groups, which improve lipophilicity and bioavailability. Also utilized in agrochemical research for developing novel pesticides with improved efficacy and environmental profiles.