Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of antimalarial drugs. Its structure supports the creation of bioactive molecules due to the electron-withdrawing trifluoromethyl group enhancing metabolic stability. Also employed in agrochemical research for designing novel pesticides with improved efficacy and environmental profiles. The carboxylic acid functionality allows for easy derivatization, making it valuable in medicinal chemistry for building more complex drug candidates.