Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where the fluorine atoms enhance metabolic stability and bioavailability. Commonly employed in the preparation of active pharmaceutical ingredients (APIs) for central nervous system agents and anti-inflammatory compounds. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and environmental profile. Its ester functionality allows for easy transformation into carboxylic acids, amides, or alcohols during multi-step organic syntheses.