This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that target neurological and psychiatric disorders. Its structure, featuring a fluorophenyl group, makes it a valuable intermediate in creating compounds with potential therapeutic effects, such as anti-anxiety or antidepressant medications. Additionally, it is employed in organic chemistry research as a building block for more complex molecules, aiding in the study of fluorinated compounds and their biological activities. Its ester functional group also allows for further chemical modifications, making it versatile in drug discovery and development processes.