Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the production of non-steroidal anti-inflammatory drugs (NSAIDs). Its structure allows for selective biological activity, making it valuable in developing enantiomerically pure drugs. Also employed in agrochemicals as an intermediate for herbicides and plant growth regulators due to its ability to mimic natural plant hormones. The fluorine substituent enhances metabolic stability and bioavailability in active compounds.