Used as a key intermediate in the synthesis of biologically active compounds, particularly in the development of pharmaceuticals with potential antitumor, antimicrobial, and anti-inflammatory properties. Its structure supports the formation of coordination complexes with metals, making it useful in catalysis and material science. Also employed in the design of fluorescent probes and sensors due to its electron-withdrawing trifluoromethyl group and heterocyclic framework, enhancing sensitivity and selectivity in detection systems.