This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structural features, including the fluorine and methoxy groups, make it a valuable building block for designing molecules with specific biological activities. It is often employed in the development of drugs targeting the central nervous system, particularly for conditions like depression, anxiety, and neurodegenerative disorders. Additionally, its chiral nature allows for the creation of enantiomerically pure compounds, which are critical in optimizing drug efficacy and reducing side effects. Researchers also explore its potential in the synthesis of agrochemicals and other fine chemicals due to its unique reactivity and functional groups.