This compound is primarily utilized in the synthesis of various organic molecules, particularly in the development of pharmaceuticals. Its structure allows it to serve as a key intermediate in the production of compounds with potential therapeutic properties, such as anti-inflammatory and antimicrobial agents. Additionally, it is used in research settings to study reaction mechanisms and to develop new synthetic pathways for complex organic molecules. Its fluorophenyl group makes it a valuable building block in the creation of fluorinated compounds, which are often sought after in medicinal chemistry due to their enhanced stability and bioavailability.