This compound is primarily utilized in the pharmaceutical and chemical research industries. It serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting neurological and cardiovascular disorders. Its structure, featuring a fluorophenyl group, makes it valuable for developing compounds with enhanced bioavailability and metabolic stability. Additionally, it is employed in organic synthesis to create complex molecules for drug discovery and development, often acting as a building block for more intricate chemical structures. Its applications also extend to material science, where it contributes to the development of specialized polymers and coatings with unique properties.