Used primarily in medicinal chemistry, it serves as a key intermediate in the synthesis of pharmaceutical compounds. It is particularly valuable in the development of antidiabetic drugs, such as biguanides, which are known for their role in managing type 2 diabetes by improving insulin sensitivity and reducing glucose production in the liver. Additionally, it finds application in research focused on metabolic disorders, where its properties are studied for potential therapeutic effects. Its fluorophenyl group enhances its stability and bioavailability, making it a preferred choice in drug design and development processes.