This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting neurological and psychiatric disorders. It serves as a key intermediate in the production of hydrazide derivatives, which are often explored for their potential anticonvulsant and antidepressant properties. Additionally, it is employed in research settings to develop novel compounds with potential therapeutic effects on the central nervous system. Its fluorophenyl group enhances the stability and bioavailability of the resulting molecules, making it valuable in drug discovery and development.