Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of drugs targeting neurological disorders and certain types of cancers. Its structure allows for the incorporation of fluorine atoms into complex molecules, enhancing their stability and efficacy. Additionally, it is employed in the creation of diagnostic agents for imaging and detecting specific diseases. Its versatility makes it a crucial component in medicinal chemistry and drug discovery processes.