Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It also serves in agrochemical formulations, contributing to the creation of herbicides and fungicides due to its stable aromatic structure and fluorinated moiety. Its phenolic and heterocyclic groups enable easy functionalization, making it valuable in medicinal chemistry for building bioactive molecules. Additionally, it is employed in research for designing novel compounds with improved metabolic stability and binding affinity.