Used in pharmaceutical research as a building block for the synthesis of various bioactive compounds. It is particularly valuable in the development of central nervous system (CNS) drugs due to its structural properties, which can influence receptor binding and drug efficacy. Additionally, it serves as a key intermediate in the creation of potential therapeutic agents targeting neurological disorders and psychiatric conditions. Its fluorophenoxy moiety enhances its ability to interact with biological targets, making it a versatile component in medicinal chemistry.