This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various bioactive molecules. Its structure, featuring both fluoro and methoxy substituents, makes it valuable for designing compounds with potential therapeutic applications, particularly in the development of central nervous system (CNS) drugs. It is also employed in the creation of ligands for receptor studies, aiding in the exploration of new drug targets. Additionally, its chemical properties are leveraged in organic synthesis to produce more complex molecules with specific biological activities.