Used in the synthesis of fluorinated pharmaceuticals due to the presence of fluorine and functional groups that support drug-like properties. Its structure allows for hydrogen bonding and polarity, making it suitable as an intermediate in developing bioactive molecules, particularly in antiviral and antibacterial agents. Also employed in agrochemical research for designing novel active ingredients with improved metabolic stability. The compound's hydroxy and carboxylic acid groups enable easy derivatization for use in combinatorial chemistry and medicinal chemistry campaigns.