This compound is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its chiral structure, which is crucial for the production of enantiomerically pure substances. Its trifluoroethanol group enhances the biological activity and stability of the final products, making it valuable in the development of drugs targeting central nervous system disorders and other therapeutic areas. Additionally, it serves as a key intermediate in organic synthesis, particularly in the creation of complex molecules with specific stereochemical requirements. Its bromophenyl moiety also allows for further functionalization, enabling the construction of diverse chemical entities with potential applications in material science and fine chemical manufacturing.