This compound is primarily utilized in the development of pharmaceutical agents, particularly in the synthesis of chiral molecules. Its structure, featuring a fluorophenyl group, makes it valuable in designing drugs that target specific biological pathways, such as enzyme inhibition or receptor modulation. It is often employed in research focused on creating enantiomerically pure compounds, which are crucial for producing medications with higher efficacy and fewer side effects. Additionally, its fluorinated aromatic ring enhances metabolic stability, making it a key intermediate in the development of drugs with improved bioavailability and pharmacokinetic properties.