Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of central nervous system (CNS) active compounds. Its structure allows for the introduction of fluorine and methyl groups into larger molecules, enhancing metabolic stability and bioavailability. Commonly employed in the preparation of selective serotonin reuptake inhibitors (SSRIs) and other neuroactive agents. Also utilized in the production of agrochemicals and specialty performance materials where fluorinated building blocks improve compound efficacy and resistance to degradation.