This compound is primarily utilized in organic synthesis as a building block for more complex molecules. Its structure, featuring a cyclopentane ring with both a carboxylic acid and a fluorine substituent, makes it valuable in pharmaceutical research, particularly in the development of drug candidates. The fluorine atom can enhance the biological activity and metabolic stability of the resulting compounds. Additionally, it serves as a precursor in the synthesis of fluorinated organic materials, which are important in various industrial applications, including agrochemicals and specialty chemicals. Its unique properties also make it a useful intermediate in the study of fluorine chemistry and its effects on molecular interactions.