This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of central nervous system (CNS) drugs, including antidepressants and stimulants, due to its ability to influence neurotransmitter activity. Additionally, it is explored in research for its potential therapeutic effects in treating conditions like attention deficit hyperactivity disorder (ADHD) and narcolepsy. The compound's fluorophenyl group enhances its binding affinity to specific receptors, making it a crucial component in the design of targeted drug molecules.