This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structural features, including the fluoro and hydroxyl groups, make it valuable in the development of drugs targeting neurological and psychiatric disorders. Specifically, it is often employed in the production of compounds that modulate neurotransmitter systems, potentially aiding in the treatment of conditions such as depression, anxiety, and other mood-related disorders. Additionally, its chiral nature allows for the creation of enantiomerically pure substances, which can enhance the efficacy and reduce the side effects of the final drug product. Researchers also explore its use in designing novel therapeutic agents due to its versatile chemical reactivity and potential bioactivity.