This compound is primarily utilized in the synthesis of various pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic use. It serves as a key building block in the production of compounds with potential anti-inflammatory, analgesic, and antipsychotic properties. Additionally, it is employed in organic chemistry research for the preparation of complex molecules through reactions such as Friedel-Crafts acylation, where its structure allows for the introduction of specific functional groups. Its fluorophenyl moiety makes it valuable in designing molecules with enhanced biological activity and metabolic stability, contributing to advancements in drug discovery and medicinal chemistry.