This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological and psychiatric disorders, particularly those involving the modulation of neurotransmitter systems. Its structural features make it valuable for creating molecules with potential antidepressant, anxiolytic, or antipsychotic properties. Additionally, it is employed in research settings to study the effects of fluorinated compounds on biological systems, aiding in the discovery of novel therapeutic agents. Its application extends to organic synthesis, where it serves as a building block for complex molecules in medicinal chemistry.