This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of chiral molecules. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) with specific stereochemical requirements. Its fluorophenol moiety and chiral center make it valuable for creating compounds with targeted biological activity, such as receptor agonists or antagonists. Additionally, it is utilized in the study of enzyme interactions and metabolic pathways, aiding in the design of drugs with improved efficacy and reduced side effects. Its application extends to the development of diagnostic agents and imaging probes in medical research.