Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of selective estrogen receptor modulators (SERMs). It serves as a building block in organic reactions where the fluorobenzyloxy group enhances metabolic stability and binding affinity in target molecules. Commonly employed in the preparation of bioactive molecules for research in oncology and hormone-related therapies. Its structure allows for further functionalization, making it valuable in medicinal chemistry for structure-activity relationship (SAR) studies.