Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. It is particularly valuable in the development of psychoactive substances, including certain antidepressants and stimulants. Its structural properties make it suitable for creating compounds that interact with neurotransmitter systems in the brain. Additionally, it is employed in research settings to study the effects of fluorinated phenethylamines on biological systems. Its applications extend to the synthesis of novel chemical entities for potential therapeutic use.