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 valuable for designing molecules with enhanced biological activity and metabolic stability. It is often employed in the development of drugs targeting specific enzymes or receptors, particularly in the treatment of inflammatory diseases, infections, and certain types of cancer. Additionally, its unique properties contribute to the optimization of drug candidates for improved pharmacokinetics and bioavailability. Researchers also explore its potential in agrochemical applications, where it may serve as a building block for creating novel pesticides or herbicides with selective action and reduced environmental impact.