Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form hydrogen bonds and engage in π-π stacking interactions, enhancing binding affinity to target proteins. Also utilized in agrochemicals for designing herbicides and fungicides, leveraging the electron-withdrawing trifluoromethyl group to improve metabolic stability and bioavailability. Its structural features make it valuable in optimizing lead compounds during drug discovery.