Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the production of β-blockers and other cardiovascular drugs. It plays a crucial role in the development of chiral molecules, enhancing the efficacy and specificity of medications targeting heart-related conditions. Additionally, it is employed in research for creating biologically active molecules with potential therapeutic applications in neurology and psychiatry. Its fluorophenyl group contributes to improved binding affinity and metabolic stability in drug design.