This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting the central nervous system, particularly in the creation of compounds with potential antidepressant or anxiolytic properties. Its chiral structure is significant for producing enantiomerically pure substances, which are often required for effective and safe therapeutic agents. Additionally, it may be employed in research settings to study the pharmacological effects of fluorinated aromatic compounds, aiding in the discovery of new medications with improved efficacy and reduced side effects.