This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of chiral molecules, particularly in the production of drugs targeting the central nervous system. Its structure, featuring a trifluoroethyl group and a chlorophenyl moiety, makes it valuable for creating compounds with specific biological activities, such as enzyme inhibition or receptor modulation. Additionally, it is employed in research settings for studying biochemical pathways and developing novel therapeutic agents.