This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly significant in the development of compounds targeting the central nervous system, where its structural properties contribute to the modulation of neurotransmitter activity. Additionally, it finds application in research settings for the study of receptor interactions and the development of novel therapeutic agents. Its fluorinated and methoxylated aromatic ring structure makes it a valuable building block in medicinal chemistry for designing molecules with enhanced biological activity and selectivity.