Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the production of anti-inflammatory and central nervous system agents. Its trifluoromethyl group enhances metabolic stability and lipophilicity, making it valuable in drug design. Also employed in the development of agrochemicals, where it contributes to improved herbicidal or insecticidal activity. Commonly utilized in research settings for constructing heterocyclic compounds due to its reactive amino and ester functional groups.