Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of anesthetics and anti-inflammatory agents. Its trifluoromethyl group enhances metabolic stability and bioavailability, making it valuable in medicinal chemistry. Also employed in the preparation of chiral building blocks for asymmetric synthesis. The compound's lipophilic character improves membrane permeability in drug design. Additionally, it serves as a structural motif in agrochemicals for improving pest control efficacy.