Used in pharmaceutical research as a key intermediate in the development of cardiovascular drugs, particularly as a scaffold for platelet aggregation inhibitors. Its structure supports modulation of blood clotting mechanisms, making it valuable in designing antithrombotic agents. Also investigated for its potential in treating hypertension due to its ability to influence vascular tone. The compound's fluorinated and methoxylated aromatic systems enhance metabolic stability and receptor binding affinity, which are critical for oral bioavailability in drug formulations.