This chemical is primarily used in pharmaceutical research and development as a building block for the synthesis of more complex molecules. Its unique structure, featuring both an iodo and a trifluoromethyl group, makes it valuable in the creation of compounds with potential biological activity. It is often employed in the design of drugs targeting specific enzymes or receptors, particularly in the fields of oncology and infectious diseases. Additionally, it serves as a key intermediate in the preparation of agrochemicals, contributing to the development of new pesticides or herbicides with enhanced efficacy. Its applications also extend to material science, where it is used in the synthesis of advanced materials with specialized properties.