This compound is primarily utilized in the development of advanced materials and organic synthesis, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various bioactive molecules, including potential drug candidates. Its structure, featuring both a sulfonyl group and a hydroxyl group, makes it suitable for designing compounds with specific biological activities, such as enzyme inhibitors or receptor modulators. Additionally, it may be employed in the synthesis of liquid crystal materials due to its biphenyl core, which is known for its role in creating stable mesophases. Its fluorine substituent further enhances its utility in medicinal chemistry by improving metabolic stability and bioavailability.