Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in antimalarial drugs. Its structure supports the development of bioactive molecules due to the presence of trifluoromethyl groups, which enhance metabolic stability and membrane permeability. 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 creating compound libraries in drug discovery.