Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and central nervous system agents. Commonly employed in medicinal chemistry for constructing fluorinated heterocyclic compounds, which can enhance metabolic stability and bioavailability. Also utilized in agrochemical research for designing novel pesticides and herbicides due to the electron-withdrawing effect of the fluorine atom that influences reactivity and binding properties. Its ester functionality allows for easy transformation into amides, acids, or alcohols, making it a versatile building block in organic synthesis.