This compound is primarily utilized in organic synthesis as a building block for more complex molecules, particularly in pharmaceutical research. It serves as an intermediate in the development of various therapeutic agents, including potential drugs targeting neurological disorders and inflammation. Its structure, featuring a fluorophenyl group and a keto acid moiety, makes it valuable for designing compounds with specific biological activities. Additionally, it is explored in materials science for synthesizing specialized polymers and coatings with unique properties. Its applications are largely experimental, focusing on innovation in drug discovery and advanced material development.