Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the creation of potential therapeutic agents targeting neurological disorders, such as anxiety and depression, due to its structural similarity to compounds that interact with neurotransmitter systems. Additionally, it is employed in the development of novel drugs for treating inflammatory conditions and certain types of cancer, leveraging its ability to modulate specific biochemical pathways. Its fluorinated structure also makes it a candidate for PET (positron emission tomography) imaging probes, aiding in diagnostic applications.