Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of selective kinase inhibitors and other bioactive molecules. Its structure supports the introduction of fluorine atoms into aromatic systems, enhancing metabolic stability and binding affinity in drug candidates. Commonly employed in the preparation of compounds targeting central nervous system disorders and inflammatory diseases. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and environmental profile. The hydroxyl and nitrile functional groups allow for further chemical modifications, making it valuable in multi-step organic synthesis.