Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system (CNS) active agents. Its structural features allow for efficient coupling in multi-step reactions to form bioactive molecules. It is also employed in the preparation of fluorinated analogs of therapeutic compounds, enhancing metabolic stability and receptor binding affinity. Commonly utilized in research settings for medicinal chemistry campaigns targeting neurological disorders.