This compound is primarily utilized in the pharmaceutical and research industries due to its potential as a chiral building block in the synthesis of bioactive molecules. Its structure, featuring a fluoronaphthalene moiety, makes it valuable in the development of compounds with specific optical properties or targeted biological activity. It is often employed in the creation of drugs that interact with central nervous system receptors, given its ability to influence stereochemistry and enhance binding affinity. Additionally, it serves as a key intermediate in the production of enantiomerically pure substances, which are critical in the development of therapeutics with reduced side effects and improved efficacy. Its application extends to biochemical studies, where it aids in understanding receptor-ligand interactions and designing novel drug candidates.