This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring a trifluoromethyl group and a carboxylic acid moiety, makes it a valuable building block for developing drugs with enhanced biological activity and metabolic stability. It is often employed in the creation of quinoline-based compounds, which are known for their antimicrobial, anti-inflammatory, and anticancer properties. Additionally, its unique chemical structure allows for further functionalization, enabling researchers to tailor its properties for specific therapeutic targets. This compound is also explored in material science for the development of advanced organic materials with potential applications in electronics and optoelectronics.