This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly significant in the production of chiral drugs, where its stereochemistry plays a crucial role in ensuring the desired biological activity. The presence of both chloro and fluoro substituents enhances its reactivity and selectivity in chemical transformations, making it valuable for constructing complex molecular structures. Additionally, it is employed in the development of compounds targeting neurological and cardiovascular disorders, where precise molecular interactions are essential for therapeutic efficacy. Its application extends to research settings, where it serves as a building block for exploring new drug candidates and studying structure-activity relationships.