Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of potential drugs targeting infectious diseases, such as antimalarial and antimicrobial agents. Additionally, it finds application in the creation of compounds for studying enzyme inhibition, aiding in the discovery of new therapeutic pathways. Its trifluoromethoxy group enhances metabolic stability, making it useful in drug design for improved efficacy and longevity in biological systems.