Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the creation of compounds targeting neurological disorders, where its structural properties enhance binding affinity to specific receptors. Additionally, it is employed in the development of radiopharmaceuticals for diagnostic imaging, aiding in the study of brain function and disease progression. Its utility extends to organic synthesis, where it facilitates the introduction of fluoroethyl groups into complex molecules, improving their pharmacological profiles.