Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of agrochemicals and active pharmaceutical ingredients (APIs) where fluorine substitution enhances metabolic stability and bioavailability. Its ester functionality allows for easy transformation into amides or carboxylic acids, making it valuable in medicinal chemistry for building heterocyclic compounds. Commonly employed in the preparation of kinase inhibitors and neuroactive agents due to the electron-withdrawing effects of fluorine atoms improving target binding and lipophilicity. Also utilized in crop protection chemistry as a building block for herbicides and insecticides.