This compound is primarily utilized in organic synthesis as a building block for more complex molecules. Its structure, featuring a fluorophenyl group and a propargylic alcohol moiety, makes it valuable in the development of pharmaceuticals and agrochemicals. It is often employed in click chemistry reactions, particularly copper-catalyzed azide-alkyne cycloaddition (CuAAC), to create triazole derivatives, which are important in drug discovery. Additionally, it serves as an intermediate in the synthesis of bioactive compounds, including potential anticancer and antimicrobial agents. Its fluorine atom enhances the stability and bioavailability of the resulting molecules, making it a key component in medicinal chemistry research.